On Monday, La Liga presented its 2019-20 Financial Report, in which the total income of the competition achieved a new historical record, despite the negative effects of the COVID-19 pandemic , and where the robustness and economic solvency of the clubs in LaLiga Santander and LaLiga SmartBank as a whole are demonstrated in facing up to the strongest impact that will manifest in 2020/21.
The main conclusion arising from these results is that LaLiga's Clubs have very good indebtedness and equity ratios, with confidence from investors that allows them to obtain financing under favourable terms and with liquidity buffers thanks to their efforts in containing costs.
Total income was €5,045 million, +3.6% compared to 18/19, although this figure could have been €5,321m (+ 9.3%) without the impact of COVID-19 according to estimates by PwC. Additionally, the average cumulative long-term growth in each of the the last five seasons was +12%, a figure that is worth even more when compared to other sectors and companies: IBEX35 companies, for example, decreased by -1.4% on average in the last five years.
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