La Liga catching Premier League in race for TV euros
LA LIGA, which runs the top two divisions of Spanish soccer, believes it can close the gap in revenues between it and the English Premier League in the next 10 years with an ambitious plan to expand its international audience.
La Liga president Javier Tebas said the Premier League earned about 40 percent more that the Spanish league, which draws in some 1.7 billion euros a year in television rights.
“I have no doubt that within 10 years we will practically be equal to the Premier League or at least within 10 percent,” he said at the opening of a La Liga office in Brussels.
The main difference for now was that the British market itself was bigger than Spain’s.
“On an international level there is less of a difference, but that’s our main objective – to get closer to the Premier League,” Tebas said.
La Liga, which already dominates in Latin America, has now set its sights on gaining ground in key markets China, India and the United States, with another eye focused on Africa.
In the past four years, it has set up offices in Shanghai, Delhi, New York, Johannesburg and Dubai and has representatives in over 40 countries.
It has also changed the times of fixtures, so that one match was played earlier to catch viewers in Asia and one late on Sunday for an audience in the Americas.
La Liga certainly has quality clubs and players. Barcelona’s Lionel Messi and Real Madrid’s Cristiano Ronaldo have won the Ballon d’Or for world’s best player for the past nine years and their clubs the Champions League for the past four years, with Atletico Madrid also in the final twice.
La Liga was also looking into the possibility of playing one or two of its 380 matches per season outside Spain, noting the success of a pre-season Barcelona-Real Madrid game in Miami in July.
“We are thinking about it. The first match abroad would probably be in the US,” Tebas said, adding he hoped a first such match could take place within two years.
He added La Liga would address a complaint to the European Commission if measures were not introduced within two years to mitigate the skewed financial power of stateowned clubs. – Reuters