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Elche CF

Tier 1LaLigaElche/Elx, Comunitat Valenciana, SpainOn the globe

Founded
1923
Ground
Estadio Manuel Martínez Valero31,388 seats · opened 1976
Full name
Elche Club de Fútbol
Website
elchecf.es
Reserve side
Elche Ilicitano CF

Who owns Elche CF

Elche CF is controlled by Christian Bragarnik, who holds 97.5%.

Owned by investorsOwner based abroad: Argentina

From the pitch to the top

The company that fields the team, then each holder above it.

Fields the first teamElche Club de Fútbol, S.A.D.Sociedad anónima, Spain

Elche’s finances

From its published accounts and league records. Figures compare only with clubs at the tier it played that season.

Against its tier

Elche's revenue of €14.4m is the 8th highest of the 16 Segunda División clubs with published accounts

In 2024-25 it spent €1.30 on staff for every €1 of revenue; the typical Segunda División club spent €0.79.

  • Elche
  • Other Segunda División clubs
Revenue16 clubs
Staff per €1 of revenue16 clubs

Each club's newest recorded accounts since 2021–22, at the tier it played that season. If that year's revenue cannot be separated from player trading, the club is omitted rather than using an older year. Coverage counts comparable accounts, not every club with financial data. Revenue excludes player-sale income. Where that income is included in the published total, we subtract the statement's separately reported player-trading figure. Some statements group loan fees and other player income with sale gains; those are removed together. Otherwise loan fees remain included. These are comparisons across accounting formats, not identical revenue definitions. Elche: Reported revenue €14.4m; player-sale gains already excluded. The scales are logarithmic.

Revenue€14.4m2024-25
Staff costs€18.7m2024-25
Net result−€7.13m2024-25
TV money from the league€6.05m2024-25
Equity
€23.8m
accounts, 2024-25
Squad cost limit
€40.5m
maximum, 2025-26

The accounts

Elche Club de Fútbol, S.A.D., the entity that fields the team · 2020-21 to 2024-25

2024-25Tier 2 · audited2023-24Tier 2 · audited2022-23Tier 1 · audited2021-22Tier 1 · audited2020-21Tier 1 · audited
Profit and loss
Revenue€14.4m€14.0m€57.9m€57.6m€53.9m
TV money€6.36m€8.82m€45.2m€46.2m€48.7m
League and federation distributions€50.1k1€11.8m2———
Matchday€4.65m3€3.07m4€6.97m5€6.26m6€216k7
Sponsorship€2.25m8€1.91m8€5.38m8€4.94m8€4.95m8
Commercial€779k9————
Subsidies€492k€348k€409k€811k€465k
Other revenue€336k10€306k11€535k12€557k13€689k14
Player sales€3.96m15€5.13m16€4.36m17€2.88m18€6.95m18
Staff costs€18.7m€15.7m€31.8m€38.3m€32.2m
Wage bill€17.3m€14.3m€30.4m€37.0m€31.1m
Players' wages€13.6m19€9.98m19€23.7m19€30.3m19€26.4m19
Other operating costs€10.5m€10.6m€15.3m€15.2m€12.3m
Travel€943k20€1.04m20€1.28m20€1.07m20€879k20
Operating result−€8.10m€8.93m€11.6m€4.03m€13.4m
Financial result€381k€119k−€892k−€1.11m−€379k
Result before tax−€7.71m€9.05m€10.7m€2.92m€13.0m
Income tax−€582k€35.2k€1.22m€129k€1.06m
Net result−€7.13m€9.01m€9.47m€2.79m€12.0m
Balance sheet
Total assets€51.6m€67.2m€60.0m€58.8m€55.2m
Non-current assets€24.9m€26.7m€32.7m€27.5m€30.0m
Player registrations (book value)€2.22m21€4.97m22€11.1m23€7.51m24€11.6m24
Property and equipment€17.7m€17.0m€17.5m€16.2m€15.5m
Current assets€26.7m€40.6m€27.3m€31.3m€25.1m
Transfer fees receivable€12.9m25€17.1m26€12.3m27€10.2m28€10.9m29
Cash€14.5m€23.9m€12.8m€20.2m€3.30m
Equity€23.8m€40.7m30€31.7m31€22.5m32€19.7m33
Share capital€5.53m€5.53m€5.53m€5.53m€5.53m
Liabilities€27.8m€26.5m€28.3m€36.3m€35.4m
Non-current liabilities€13.0m€14.6m€8.84m€11.5m€13.8m
Current liabilities€14.8m€11.9m€19.5m€24.8m€21.6m
Provisions€722k34€88k35€376k36€817k37€817k37
Financial debt€13.0m38€13.1m39€7.82m40€8.91m41€9.58m42
Tax and social security debt€2.21m43€2.08m43€2.68m43€3.32m43€2.48m44
Transfer fees payable€1.07m45€1.79m45€4.95m45€4.31m45€10.4m46
Cash flow
Cash from operations€2.65m€42k−€198k€9.88m€8.09m
Cash from investing−€2.23m€5.65m−€7.72m€7.85m−€14.3m
Cash from financing−€9.77m€5.42m€551k−€872k€9.23m
Net change in cash−€9.35m€11.1m−€7.37m€16.9m€3.01m
Money from owners
Capital increase————€1.05m47
Transfers and people
Employees2444820749215502064815051
Players28522552265225522752
Notes on 52 figures, in the accounts’ own words
  1. League and federation distributions: Ayuda al descenso, booked in otros resultados (note 11.7).
  2. League and federation distributions: LaLiga relegation compensation (ayuda al descenso), booked in otros resultados (note 11.7).
  3. Matchday: Liga gate €1,091,998, Copa del Rey gate €890,380, friendlies €13,555, season tickets €2,653,795.
  4. Matchday: Liga gate €575,862, Copa del Rey gate €180,068, season tickets €2,316,558.
  5. Matchday: Liga gate €2,747,706 and season tickets €4,219,618.
  6. Matchday: Liga gate €2,955,149, Copa del Rey gate €769,839, season tickets €2,530,053.
  7. Matchday: Liga gate €30,159 and season tickets €186,097.
  8. Sponsorship: Ingresos por publicidad y comercialización (note 11.1).
  9. Commercial: Shop sales.
  10. Other revenue: Pools €75,526 and other €260,213 (note 11.3); excludes €4,682,839 of transfer and loan income in the same heading.
  11. Other revenue: Surface rights €75,000, pools €74,603, other €156,870 (note 11.3); excludes €6,864,554 of transfer and loan income in the same heading.
  12. Other revenue: Surface rights €75,000, licences and sponsorship €258,214, pools €83,606, other €118,407 (note 11.3); excludes €1,052,623 of transfer income in the same heading.
  13. Other revenue: Surface rights €75,000, licences and sponsorship €404,208, pools €38,240, other €39,749 (note 11.3).
  14. Other revenue: Surface rights €75,000, licences and sponsorship €470,488, pools €142,247, other €1,061 (note 11.3).
  15. Player sales: Gain on disposal of player registrations, net of book value (resultado por enajenaciones); a further €4,682,839 of transfer and loan income (€3,623,376 from sales of federative rights) is in other operating income.
  16. Player sales: Deterioro y resultado por enajenaciones: net gains on player sales €5,229,239 less a €102,365 write-off; a further €6,864,554 of transfer and loan income (€5.1m from sales of federative rights) is in other operating income.
  17. Player sales: Gain on disposal of player registrations, net of book value (resultado por enajenaciones); a further €1,052,623 of contingent transfer and solidarity income is in other operating income.
  18. Player sales: Gross income from player transfers and loans (ingreso por traspaso/cesión de jugadores, in other operating income, note 11.3).
  19. Players' wages: Wages of the registrable squad (first team and reserve side), excluding Social Security.
  20. Travel: Desplazamientos, in other current management expenses (note 11.6).
  21. Player registrations (book value): Players' rights: sports intangibles of €2,815,090 less the Segunda A place (€600,000); the audit report gives €2,215k.
  22. Player registrations (book value): Players' rights; the Segunda A place (€800,000) excluded.
  23. Player registrations (book value): Players' rights; the Segunda A place (€1,000,000) excluded.
  24. Player registrations (book value): Inmovilizado intangible deportivo, including the Segunda A place (cost €2,000,000).
  25. Transfer fees receivable: Entidades deportivas deudoras, short €9,995,240 and long €2,900,000.
  26. Transfer fees receivable: Entidades deportivas deudoras, short €14,066,475 and long €3,000,000.
  27. Transfer fees receivable: Entidades deportivas deudoras, short €10,271,833 and long €2,019,960.
  28. Transfer fees receivable: Entidades deportivas deudoras, short €7,629,833 and long €2,600,000.
  29. Transfer fees receivable: Entidades deportivas deudoras, short €9,131,538 and long €1,800,000.
  30. Equity: Includes €77,223 of grants.
  31. Equity: Includes €95,839 of grants.
  32. Equity: Includes €110,362 of grants.
  33. Equity: Includes €167,892 of grants.
  34. Provisions: Long €39,106 and short €682,865.
  35. Provisions: Long-term provisions.
  36. Provisions: Long €87,978 and short €288,300.
  37. Provisions: Long €529,106 and short €288,300.
  38. Financial debt: Other debts €12,029,629 (LaLiga Impulso/CVC participating loans €11,674,138 and the last instalment of the TV-rights credit assignment) and finance leases €951,429.
  39. Financial debt: Other debts €12,112,590 (LaLiga Impulso/CVC participating loans and the TV-rights credit assignment) and finance leases €951,429.
  40. Financial debt: Other debts €6,931,643 (LaLiga Impulso/CVC participating loans and the TV-rights credit assignment) and finance leases €890,713.
  41. Financial debt: Other debts €7,980,639 (TV-rights credit assignment €5.64m, LaLiga Impulso/CVC participating loan €2.25m) and finance leases €927,308.
  42. Financial debt: Other debts €8,343,716 (mainly the TV-rights credit assignment, €7.91m), bank debt €274,503 and finance leases €960,160.
  43. Tax and social security debt: Otras deudas con las Administraciones Públicas.
  44. Tax and social security debt: Other debts with public administrations €1,790,639 and current income tax €694,122.
  45. Transfer fees payable: Deudas con entidades deportivas (current).
  46. Transfer fees payable: Deudas con entidades deportivas, short €8,348,879 and long €2,050,050.
  47. Capital increase: Aumentos de capital (statement of changes in equity), received in cash (emisión de instrumentos de patrimonio).
  48. Employees: Average headcount, including 67 non-registrable players.
  49. Employees: Average headcount, including 56 non-registrable players.
  50. Employees: Average headcount, including 58 non-registrable players.
  51. Employees: Average headcount, including 53 non-registrable players.
  52. Players: Registrable players, average.

2024-25: Source: Elche CF2023-24: Source: Elche CF2022-23: Source: Elche CF2021-22: Source: Elche CF2020-21: Source: Elche CF

League figures, wage bills, budgets and public money 9 records
SeasonTV moneySquad cost limitSource
2025-26€40.5mmaximumSource: LaLiga (Liga Nacional de Fútbol Profesional)
2024-25€6.05mpaid€15.0mmaximumSources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga
2023-24€8.59mpaid€23.9mmaximumSources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga
2022-23€44.8mpaid€42.7mmaximumSources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga (Liga Nacional de Fútbol Profesional)
2021-22€45.9mpaid€41.5mmaximumSources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga (Liga Nacional de Fútbol Profesional)

Where Elche has played

12316-1718-1920-2122-2324-2526-27
Season by season
  1. 2026-271LaLiga
  2. 2025-261LaLiga
  3. 2024-252Segunda División, promoted
  4. 2023-242Segunda División
  5. 2022-231LaLiga, relegated
  6. 2021-221LaLiga
  7. 2020-211LaLiga
  8. 2019-202Segunda División, promoted
  9. 2018-192Segunda División
  10. 2017-183Segunda División B, Grupo 3, promoted
  11. 2016-172Segunda División, relegated
Sources8

Also on Wikidata (Q10512).

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