La Liga on Tuesday published its financial report from the '14-15 season "and took pride in its success with the economic control it has been carrying out for more than three years," according to Alfredo Matilla of AS. Among the "most relevant figures, one stands out:" the debt of La Liga and second division teams has decreased by €81.8M ($93M) since last season and by €640M ($725M) from three years ago. The total debt of all the clubs is now at €2.68B ($3B) -- with 63% of that distributed among four teams. Real Madrid and Barcelona account for 31.9% of that €2.68B, as the two clubs owe a total of €853.4M ($967M). This "is a fact that does not concern La Liga due to how much they earn and generate." The amount of debt clubs owe to Spain's tax authorities has dropped from €634M two years ago to €496M a year ago to the current total of €328M ($372M). The league announced that revenue increased by 12.3% from the previous season. It also pointed out that spending on salaries increased, "but did not overtake revenue." Combined, all teams besides Barcelona and Real Madrid recorded profit before tax of €113.2M ($128.3M) (AS, 3/30). La Liga's full report is available here.
CSD COSTS DOWN: In Madrid, Jesús Mínguez reported Spain's Superior Sports Council (CSD) released a report on the accounts of the country's 65 sports federations during the period from '07-15. The country's financial crisis, the reduction of subsidies and the viability plans submitted by 31 of them "have greatly changed the landscape." The accounts of the Spanish Football Federation (RFEF) "were excluded because they would distort the conclusions." The debt of the federations has decreased by 40.08% since '12, including a 30.49% decrease during the past year. The contribution of €5.42M ($6.1M) from La Liga "has been significant, as the organization became a major sponsor of the smaller federations and helped reduce debt." In '15, of all the revenue generated by the federations, 31.23% came from CSD subsidies, 6.61% from the Olympic Sports Association (ADO) program, 4.78% from other subsidies and 59.62% from the federations' own resources (AS, 3/30).
