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SBD Global/July 25, 2014/Finance

RFEF Assembly Reveals '13 Profits Of €2.2M, Approves Of $170M Budget For '14

The Spanish Football Federation (RFEF) on Thursday approved its financial results from '13 and its '14 budget at its annual assembly, according to the EFE. The RFEF's '13 results included profits of €2.2M and its budget for '14 will be €126.2M ($170M). The body's budget during the previous season was €111.8M. For the "fifth consecutive year, nobody spoke up during the period for requests and questions." The last time this part of the assembly was used was '09. Since then, "the votes on the budget and results have developed very quickly and easily" (EFE, 7/24).
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