The general director of Elche CF, Patricia Rodriguez, has traveled to Madrid this Friday to attend the meeting called by LaLiga, with the clubs of First and Second Division Division, to know the details of the internal budgets of the competition. At this morning's meeting, different topics related to the start of the campaign and its accounts were addressed. The official presentation of the season will take place, in an official ceremony, on Wednesday of next week.
For this afternoon, the franjiverde directive plans to go through LaLiga's economic control department to update the figures that the entity will have to invest in the first team. Elche CF forecasts point to about 49 million euros of revenue, of which about 42 million euros will come from television rights. The rest will come from income from advertising and sponsorships, events, subscriptions and tickets, among other items, although the latter two will depend on the evolution of the pandemic and whether the public can access the stadiums. Elche hopes to have the doors of Martínez Valero open for December 30, in the visit of Real Madrid.
Patricia Rodríguez already announced, at the beginning of the week, that During the month of September, Elche CF will present the 2020/21 season ticket campaign. The decision is justified because to include that heading in the budget, the item must be open. The intention is to orient itself based on the income corresponding to the last franjiverde course in First, in the 2014/15 season, as well as what was received during the last two years in the silver category. Despite the attempts of the club and its board of directors, Elche CF's budget is expected to be the lowest in the league of stars. Of the three ascended, the Huesca He was two years ago in First and is healthy; Meanwhile he Cadiz It is not in the same contest situation as Elche. The Andalusians, yes, have problems with control due to the compulsory purchases they have had to make after upgrading.
For investment in the sports area it is estimated that a budget close to 32 million euros can be reached. However, not everything will go to signings. From there, the premium of six million euros corresponding to promotion to the First Division must be subtracted. And you must take into account the players with a current contract and any rescissions and transfers that occur, such as that of Jony Ñíguez, assigned to Alcoyano; Manu Fair or Claudio Medina, when they occur. The two-year contract you claim Aaron Ñíguez, which adds up to a total of just over one million euros, it is wanted to move away from the salary limit so as not to further condition the creation of the template. Sales of Juan cross (2.75 million euros) and Oscar Gil (half a million euros) will give a break to the accounts.
Subtracting what has been consumed between premiums and contracts in force, Elche calculates that it has a figure between 16 and 17 million euros to sign. And Christian Bragarnik is already showing that he has taken it easy to spin fine, try to get it right and not get a mortgage. There are teams that have already used up their margin and that situation will be revealed in this first day of the League, in which there will be players who have not yet been registered.
In the chapter on expenses, travel costs have increased, most of which will be charter; in arbitrations; in the value of professional chips, which go from 24,000 to 56,000 euros; the salaries of technicians, players and sports area; and commissions of representatives that are calculated on the percentage of the gross of the incorporations.
Elche had a global budget of nine million euros for the previous season, of which about 5.2 million went to the staff that started the competition. In the winter market it was possible to increase to 5.6 million euros thanks to the movements in the workforce and to the financial contributions of Christian Bragarnik. Only television left in the coffers around 6.3 million euros, a figure that will now be almost seven times higher in the highest category.
The budgetary balance for the first staff will come from the difference between the expected income that is assured and demonstrated, and the payment obligations. The privileged debt with the Tax Agency may be settled this year with 50% of the transfer of Juan Cruz, which will be paid in installments, and a surplus added to settle, finally, a historical slab for the entity. In round numbers it remains to meet about two million euros. If things are done well, beyond sports, the passage through the First Division will mark a before and after in the economy of the French-green entity.