Categories: Football

Leganés cuts its budget by almost 60% and goes to 13 million

The Leganes has presented a budget of 12,949 million euros for the present season 2021-2022, which represents a drastic cut with respect to the economic item available to the club last season 2020-2021, when their accounts reached 30,176 million euros in his first year after losing the category and returning to Second division. Then the aid to the relegation of LaLiga, of 16 million euros, served to boost the blue and white coffers.

Now that subsidy from the employer’s association has disappeared. LaLiga only contributes 215,000 euros to the club, which has forced the Leganes to readjust their expenses, especially in the sports staff, for which they have gone from having a game of 17 million euros just 6.8 million euros, this is, 60% less than then. The data is relevant because Leganés presented LaLiga at the beginning of the season a salary limit of 26.4 million euros that placed it in the third club in the category.

AS already reported at the time that it was a ‘false’ ceiling, that is, although LaLiga recognized that the Leganes could have the capacity to meet this expense driven by other financial resources available to the club, the real investment in transfers and salaries had been much lower, as these provisional accounts published now on the website of the Leganes. The data is partial and limited to three pages of summarized information, waiting for the annual accounts and audit to be published in its transparency section, where all these items appear much more detailed.

Less for TV, muscle in sponsorships

In the current accounts several points stand out, such as the reduction in income from the broadcasting rights of their matches. Last year this item was 9,665 million euros, while in the current it has been reduced by more than one million euros to 8.5 million euros. In return, revenue from ticket office and partners, nonexistent due to the Pandemic in 2020-2021, have been reactivated. This course has budgeted 907,000 euros from subscribers.

It also highlights the good health enjoyed by income from sponsorships despite the fact that the Royal decree that regulates the advertising of the game vetoed the presence of bookmakers in football teams, forcing Leganés to cut the contract with its old main sponsor. Despite this, the pepineros have projected 1,935 million euros in sponsorship income compared to 1,988 last year. The reduction is just 50,000 euros.

Gabby Barker

Gabby is someone who is interested in all types of sports, she loves to attend watching matches live. Whenever there is a match being played in her city, she makes sure to get the tickets in advance. Due to the love for sports, she joined Sportsfinding, and started writing general sports news. Apart from writing the news, she is also the editor for the website who checks and edits every news content before they go live.

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