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28°06′ N 15°27′ W

UD Las Palmas

Tier 2Segunda DivisiónLas Palmas de Gran Canaria, Canarias, SpainOn the globe

Founded
22 August 1949
Ground
Estadio de Gran Canaria32,392 seats · opened 2003
Full name
Unión Deportiva Las Palmas
Website
udlaspalmas.es
Reserve sides
UD Las Palmas Atlético, UD Las Palmas C
Fields the teamUnión Deportiva Las Palmas, S.A.D.Sociedad anónimaNIF A35314350

Who owns UD Las Palmas

Unión Deportiva Las Palmas, S.A.D fields the team. It is a company, so its shareholders own the club, but public sources do not say who they are.

Company, owner not identified

Las Palmas’s finances

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

Against its tier

Las Palmas's revenue of €66.9m is the 13th highest of the 20 LaLiga clubs with published accounts

In 2024-25 it spent €0.54 on staff for every €1 of revenue; the typical LaLiga club spent €0.73.

  • Las Palmas
  • Other LaLiga clubs
Revenue20 clubs
Staff per €1 of revenue20 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. Las Palmas: Reported revenue €66.9m; player-sale gains already excluded. The scales are logarithmic.

Revenue€66.9m2024-25
Staff costs€36.3m2024-25
Net result€1.13m2024-25
TV money from the league€40.6m2024-25
Equity
€11.0m
accounts, 2024-25
Squad cost limit
€13.4m
maximum, 2025-26
Public money
€300k
awarded, 2026, 1 records

The accounts

Unión Deportiva Las Palmas, S.A.D., the entity that fields the team · 2020-21 to 2024-25

2024-25Tier 1 · audited2023-24Tier 1 · audited2022-23Tier 2 · audited2021-22Tier 2 · audited2020-21Tier 2 · audited
Profit and loss
Revenue€66.9m€70.5m€24.2m€19.2m€17.4m
TV money€41.2m1€43.7m1——€8.98m
League and federation distributions€674k2€723k2——€588k3
Matchday€13.7m4€14.7m5——€139k6
Sponsorship€10.7m7€10.6m8——€7.01m9
Commercial€600k10€827k10——€688k11
Subsidies€971k€313k€261k€925k€479k
Other revenue€962k12€2.23m13€1.11m14€118k€2.56m15
Player sales€4.86m16€4.25m17−€96.5k18€4.96m19€6.40m20
Staff costs€36.3m€40.3m€18.3m€13.2m€15.7m
Wage bill€34.8m21€38.9m21€16.8m€12.1m€14.6m21
Players' wages€25.6m22€31.9m23——€11.3m24
Other operating costs€24.7m€26.7m€14.5m€11.5m€10.3m
Travel€2.82m€1.90m——€856k
Player amortisation€4.59m25€2.57m25——€1.06m26
Other depreciation€3.44m27€3.37m28€4.04m29€3.90m29€3.45m30
Operating result€3.27m€3.80m−€11.8m−€3.06m−€3.83m
Financial result−€1.40m31−€1.89m32−€830k−€517k−€100k
Result before tax€1.87m€1.91m−€12.6m−€3.58m−€3.93m
Income tax€739k€588k−€3.08m33−€648k34−€288k34
Net result€1.13m€1.32m−€9.56m−€2.93m−€3.64m
Balance sheet
Total assets€70.9m€71.2m€60.9m€59.2m€57.9m
Non-current assets€52.1m€50.7m€41.1m€43.4m€41.7m
Player registrations (book value)€5.07m€7.57m€1.08m€991k€1.05m
Property and equipment€26.3m€24.2m€24.4m€25.0m€23.3m
Current assets€18.8m€20.5m€19.8m€15.7m€16.2m
Cash€2.80m€1.82m€3.88m€1.30m€585k
Equity€11.0m35€11.8m36€11.9m37€23.4m€28.2m38
Share capital€4.21m€4.21m€3.21m€3.21m€3.21m
Liabilities€59.9m€59.4m€49.0m€35.8m€29.6m
Non-current liabilities€28.9m€30.7m€24.3m€23.3m€16.0m
Current liabilities€31.0m€28.7m€24.7m€12.5m€13.6m
Provisions€373k39———€211k40
Financial debt€26.5m41€28.9m42€13.3m43€11.1m43€14.0m44
Tax and social security debt€9.23m45€10.3m46€5.32m€2.75m€3.85m47
Transfer fees payable€4.86m48€6.32m48——€903k49
Cash flow
Cash from operations€7.76m€3.08m−€3.56m−€8.62m−€10.9m
Cash from investing−€4.91m−€11.1m€117k€1.22m€6.18m
Cash from financing−€1.87m€5.95m€6.03m€8.12m€3.72m
Net change in cash€982k−€2.06m€2.58m€715k−€984k
Money from owners
Capital increase—€1.00m50——€500k51
Transfers and people
Employees1275212052——13052
Players————8453
Notes on 53 figures, in the accounts’ own words
  1. TV money: Note 14.1, in thousands of euros.
  2. League and federation distributions: Other LaLiga income. Note 14.1, in thousands of euros.
  3. League and federation distributions: Other LaLiga income.
  4. Matchday: Competitions (league) €5,016k, members and season tickets €8,693k. Note 14.1, in thousands of euros.
  5. Matchday: Competitions (league) €5,429k, members and season tickets €9,232k. Note 14.1, in thousands of euros.
  6. Matchday: Members and season tickets only: no competition income with the stadium closed (Covid-19).
  7. Sponsorship: Sponsorship €8,832k and dynamic advertising €1,820k. Note 14.1, in thousands of euros.
  8. Sponsorship: Sponsorship €9,302k and dynamic advertising €1,290k. Note 14.1, in thousands of euros.
  9. Sponsorship: Sponsorship €5,917k and dynamic advertising €1,094k.
  10. Commercial: Other commercial income (shop sales). Note 14.1, in thousands of euros.
  11. Commercial: Other commercial income (shop sales).
  12. Other revenue: Ingresos accesorios y otros de gestión corriente, including €178k of player-loan fees.
  13. Other revenue: Ingresos accesorios y otros de gestión corriente, including €1,789,156 for a player loan (note 6.5).
  14. Other revenue: Ingresos accesorios y otros de gestión corriente.
  15. Other revenue: Ingresos accesorios, including a €1.9m charge to the island sports institute for stadium works (2020-21 notes, 5.a).
  16. Player sales: Gain on disposal of player registrations, net of book value: gains €6,830,418 less losses €1,967,303 (note 6.6). The statutory line deterioro y resultado por enajenaciones is €4,001,563, after €515,055 of player impairment and a €346,497 write-off of assets under construction.
  17. Player sales: Gain on disposal of player registrations, net of book value: gains €4,867,332 less losses €617,524 (note 6.6); the statutory line deterioro y resultado por enajenaciones is €3,839,128 after €410,680 of player impairment.
  18. Player sales: Result on disposals of fixed assets (mostly player registrations), net of book value.
  19. Player sales: Result on disposals of fixed assets (mostly player registrations), net of book value (resultados por enajenaciones del inmovilizado).
  20. Player sales: Gain on disposal of player registrations, net of book value: gains €6,472,074 less losses €68,541 (note 6.6). The statutory resultados por enajenaciones, €5,398,744, also carries a €1,004,789 loss on stadium works handed over to the island sports institute.
  21. Wage bill: Sueldos, salarios y asimilados.
  22. Players' wages: Registrable squad: wages €22,520k, severance €2,612k, social security €468k (note 14.2, thousands).
  23. Players' wages: Registrable squad: wages €24,728k, severance €6,718k, social security €439k (note 14.2, thousands).
  24. Players' wages: Registrable squad: wages €8,413k, severance €2,588k, social security €314k (note 14.2, thousands).
  25. Player amortisation: Note 6.1.
  26. Player amortisation: Note 6.1 of the 2021-22 accounts (the 2020-21 notes gave €1,035,107 before the restatement).
  27. Other depreciation: Total amortisation €8,031,522 less players' registrations; includes €2,565,674 a year on the free-use right to the Estadio de Gran Canaria, matched by the same release of capital grants.
  28. Other depreciation: Total amortisation €5,935,100 less players' registrations; includes €2,565,674 a year on the free-use right to the Estadio de Gran Canaria, matched by the same release of capital grants.
  29. Other depreciation: All amortisation and depreciation, players' registrations included (not split in the statements).
  30. Other depreciation: Total amortisation €4,510,075 less players' registrations; includes €2,565,674 a year on the free-use right to the Estadio de Gran Canaria, matched by the same release of capital grants.
  31. Financial result: Includes €575,213 of impairment on financial assets.
  32. Financial result: Includes €604,369 of impairment on financial assets.
  33. Income tax: A tax income (deferred tax asset recognised).
  34. Income tax: A tax income.
  35. Equity: Includes €3,848,511 of capital grants (free use of the stadium); fondos propios €7,180,940.
  36. Equity: Includes €5,772,767 of capital grants (free use of the stadium); fondos propios €6,047,643.
  37. Equity: Includes €7,697,023 of grants (free use of sports facilities).
  38. Equity: Includes €11,545,534 of capital grants (free use of the stadium); fondos propios €16,689,579.
  39. Provisions: Short-term provisions.
  40. Provisions: €153,577 long and €57,871 short term.
  41. Financial debt: Bank debt €3,163,126 (€1,892,420 long, €1,270,706 short term) and the LaLiga Impulso (CVC) participating loan, €23,338,497 outstanding, inside other financial liabilities (notes 10.4 and 10.8).
  42. Financial debt: Bank debt €8,914,305 (€3,013,632 long, €5,900,673 short term) and the LaLiga Impulso (CVC) participating loan, €19,940,143 outstanding, inside other financial liabilities (notes 10.4 and 10.8).
  43. Financial debt: Bank debt, long and short term.
  44. Financial debt: Bank debt: secured loans €10,685,057 and an ICO loan €3,300,000 (€11,128,020 long, €2,857,037 short term).
  45. Tax and social security debt: Otras deudas con las Administraciones Públicas (short term); current income tax payable €547,891 besides.
  46. Tax and social security debt: Public administrations: €1,923,724 long and €8,363,152 short term; current income tax payable €12,939 besides.
  47. Tax and social security debt: Otras deudas con las Administraciones Públicas; current income tax payable €29,479 besides.
  48. Transfer fees payable: Debts to other clubs, intermediaries and players' agents, inside other financial liabilities (note 10.8).
  49. Transfer fees payable: Debts to other clubs, intermediaries and players' agents, inside other financial liabilities (note 10.9).
  50. Capital increase: Two capital increases of €500,080 each (August and December 2023), statement of changes in equity.
  51. Capital increase: Capital increase of January 2021 (cash flow, emisión de instrumentos de patrimonio); a €142,034 capital reduction in October 2020 besides.
  52. Employees: Average headcount (note 20.1).
  53. Players: Average number of players.

2024-25: Source: UD Las Palmas2023-24: Source: UD Las Palmas2022-23: Source: UD Las Palmas2021-22: Source: UD Las Palmas2020-21: Sources: UD Las Palmas, UD Las Palmas

League figures, wage bills, budgets and public money 11 records
SeasonTV moneySquad cost limitSource
2025-26€13.4mmaximumSource: LaLiga (Liga Nacional de Fútbol Profesional)
2024-25€40.6mpaid€40.3mmaximumSources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga
2023-24€43.1mpaid€35.2mmaximumSources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga
2022-23€8.68mpaid€11.5mmaximumSources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga (Liga Nacional de Fútbol Profesional)
2021-22€8.16mpaid€12.0mmaximumSources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga (Liga Nacional de Fútbol Profesional)
Public money, season or yearTotalRecords
2026€300kawarded1
2023€101kawarded1
  • 17 April 2026€300kawarded from CONSEJERÍA DE TURISMO Y EMPLEO: SUBVENCIONES NOMINADAS CLUBES PROFESIONALES 2026. Source: Base de Datos Nacional de Subvenciones (IGAE)
  • 31 December 2023€101kawarded from AGENCIA ESTATAL DE ADMINISTRACIÓN TRIBUTARIA: VENTAJA FISCAL: nominal €101,274.2, recorded at its grant equivalent. Ayudas de funcionamiento del régimen económico y fiscal de Canarias del art. 94 Ley 20/1991 y en Ley 19/1994. Año 2023. Source: Base de Datos Nacional de Subvenciones (IGAE)

Where Las Palmas has played

1216-1718-1920-2122-2324-2526-27
Season by season
  1. 2026-272Segunda División
  2. 2025-262Segunda División
  3. 2024-251LaLiga, relegated
  4. 2023-241LaLiga
  5. 2022-232Segunda División, promoted
  6. 2021-222Segunda División
  7. 2020-212Segunda División
  8. 2019-202Segunda División
  9. 2018-192Segunda División
  10. 2017-181LaLiga, relegated
  11. 2016-171LaLiga

Not yet established

What we looked for and could not find in public sources. If you know, send a correction with a source.

  • Who the shareholders areShareholders of Unión Deportiva Las Palmas, S.A.D. not established; the president, Miguel Ángel Ramírez, is not by himself evidence of ownership.
Sources8

Also on Wikidata (Q11979).

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