Barcelona, Real Madrid Open To Selling Broadcast Rights If Income Does Not Decrease
Spanish Football League (LFP) President Javier Tebas said that Barcelona and Real Madrid "are open to collectively selling broadcast rights in La Liga, but only if their income does not decrease," according to FOOTBALL ESPAÑA. The top two clubs currently account for a 50% share "of the total amount broadcasters pay out to La Liga's clubs each year." According to the LFP's newly-elected President, Barça and Madrid may be open to reducing that percentage share, "if the clubs grouped together to sell broadcast rights in a collective deal, but only if their actual earnings do not drop." Tebas: "The television rights will be sold together in the '15-16 season or the following one. ... But, any kind of collective agreement is implicit that Madrid and Barça charge €136M ($175M) per year for the rights for League and Cup matches, hence they will not see a decrease. The current total rights is €800M ($1.03B), I believe it will reach €1B ($1.2B). The international market may be important, but not greatly so, there are only three that have the ability: Murdoch, Carlos Slim and Al Jazeera" (FOOTBALL ESPAÑA, 5/16).