December 12 – The Royal Spanish Football Federation (RFEF) in its new budget for 2020 is predicting a 41% growth in revenues to €316 million, primarily fuelled by the new money from the estimated €120 million deal with Saudi Arabia to stage its revamped Super Cup competition.
That competition, under fire domestically from LaLiga and Spanish broadcasters who have pulled out of its coverage, has now secured a €3 million rights sale to Telefonica. The Saudi fee in the first year is €30 million.
RFEF expects to receive €54.66 million from LaLiga as well as €12.3 million in solidarity payments from UEFA. The UEFA payment is earmarked for youth activity.
Commercially the Spanish governing body says it expects to increase sponsorship income for its national team by 37% to €40.4 million in the year that hosts the Euros, with Bilbao being one of the tournament hosts.
The 2020 Euros will boost general commercial revenue and partnerships by 19.1% to €50.54 million, reckons federation president Luis Rubiales.
In terms of spending, the 2020 Euros and Spanish Super Cup in Saudi Arabia will see spending on “sports activities” triple to €73.3 million compared to 2019.
Spending on territorial federations will remain at about €36.7 million, while Copa del Rey and Spanish Super Cup costs will similarly been unmoved at €51.24 million.
Staff costs will rise from €17.8 million to €21 million.
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