Inching Toward League TV revenue sharing
VALENCIA - Including Top La Liga club Real Madrid and Barcelona May Be Close to a deal under Which TV Income Would Be shared more equitably, According To the presidingt of the professional football league (LFP).
\by contrast, earned around 1.7 times more Smaller Than Their rivals, the study Eichmann.
The current system
MOST clubs Means Are Unable to Meet Demands of the huge wage top players or pay the massive transfer fees Needed to buy Them. Barca
points in September to new record in winning La Liga last season and three points behind Were Real in second. Valencia, Who Were Forced to sell prize assets David Villa and David Silva in the close season, Were 25 points back in third. CONCEPT erroneous
Lissavetzky Government Who heads the council responsible for Regulating English sport (CSD) has Also Said Planned "sports law" to be Introduced this year will create an independent body to control clubs' finances, with Powers to Punishtransgressors by excluding them from competition.
The 20 La Liga clubs had combined debt of 3.526 billion euros in 2008/09, up from 3.49 billion the previous season, according to a study published in May by University of Barcelona accounting professor Jose Maria Gay. Astiazaran said the LFP opposed the creation of an external control body and wanted to set up its own committee to regulate clubs' finances, with \estment in the squad "Was Being Considered one system instead.
" That is to say, an Amount You Can Invest in the squad based on a proportion of your revenue, "I said.
The cap Would Be Introduced in steps and Could rise as high as 70 PERCENT, I added.
Lissavetzky Said in May the Government considering rules WAS clubs That Would Prevent More Than Spending about 70 or 75 Percent of Their Income on player salaries and Purchases.
Sevilla, Atletico Madrid and Valencia all Spent More Than 120 Percent of Their Operating Income on Labour Costs in the 2008/09 season, According To Gay's study.
Reuters
Wednesday, September 29, 2010
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As I am sure You are aware it is Not just on LJ That Real and Barca seem to Dominate. They Dominate Also when it comes to making money on the TV rights. Well It Seems a step in the right direction Will Be made soon. Seems To Be A proposal in the works to Adopt A closer to fair sharing of the Profits based on club appeal. Given Some of the numbers quoted in the article the sooner the better.
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