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SBD Global/July 8, 2013/Finance

La Liga Side Espanyol Economic VP Confident Club Will Not Have To Sell Players

La Liga side Espanyol will have a budget of €50M ($64.2M) for next season, according to Juan Terrats of EL PERIODICO. Espanyol Economic VP José Luis Morlanes on Friday explained the club's economic figures, which represent one of the 10 highest budgets in La Liga. Espanyol is "confident that in two years it will reach economic equilibrium without having to sell players." Morlanes said that the club "is facing decreased TV revenue and coming off a season that saw a 14% decrease in season-ticket sales and a 35.8% drop in marketing income." To compensate, the plan "is to increase revenue through exhibition matches." Morlanes: "If there are three or four games, we will earn between €700,000 ($898,170) and €1M ($1.3M)" (EL PERIODICO, 7/5).
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