Real Valladolid CF
Tier 2Segunda DivisiónValladolid, Castilla y León, SpainOn the globe
- Founded
- 1928
- Ground
- Estadio José Zorrilla27,618 seats · opened 1982
- Full name
- Real Valladolid Club de Fútbol
- Website
- realvalladolid.es
- Reserve side
- Real Valladolid Promesas
Who owns Real Valladolid CF
Ignite Sports (Gabriel Solares's group) and Ben Oldman Partners jointly hold 87.62% since buying Ronaldo Nazário's shares in 2025.
Owned by investorsOwner based abroad: Luxembourg, Mexico
As of August 2026Medium confidenceSources: 2Playbook, 2Playbook
From the pitch to the top
The company that fields the team, then each holder above it.
- Stake not knownshares controlBen Oldman PartnersSince 2025, figure as of August 2026With Ignite Sports jointly holds 87.62%.Medium confidenceSource: 2Playbook
- Stake not knownshares controlIgnite SportsSince 2025, figure as of August 2026With Ben Oldman Partners jointly holds 87.62%; individual stakes not stated in the sources.Medium confidenceSource: 2Playbook
Changes of control
- 23 May 2025
Real Valladolid’s finances
From its published accounts and league records. Figures compare only with clubs at the tier it played that season.
Against its tier
Real Valladolid's revenue of €57.1m is the 18th highest of the 20 LaLiga clubs with published accounts
In 2024-25 it spent €0.83 on staff for every €1 of revenue; the typical LaLiga club spent €0.73.
- Real Valladolid
- Other LaLiga clubs
- Equity
- −€14.0m
- accounts, 2024-25
- Squad cost limit
- €12.2m
- maximum, 2025-26
The accounts
Real Valladolid Club de Fútbol, S.A.D., the entity that fields the team · 2020-21 to 2024-25
| Line | 2024-25Tier 1 · audited | 2023-24Tier 2 · audited | 2022-23Tier 1 | 2021-22Tier 2 | 2020-21Tier 1 |
|---|---|---|---|---|---|
| Profit and loss | |||||
| Revenue | €57.1m | €17.6m | €61.0m | €16.7m | €63.6m |
| TV money | €41.9m | €9.50m | €46.4m | €10.1m | €56.4m |
| League and federation distributions | €235k1 | €8.85m2 | €253k3 | €14.0m4 | €1.07m1 |
| Matchday | €7.75m5 | €4.48m6 | €7.14m7 | €3.19m8 | €466k9 |
| Sponsorship | €7.43m10 | €3.56m10 | €6.53m10 | €2.65m10 | €6.05m10 |
| Commercial | — | €16.3k | €977k11 | €792k11 | €628k |
| Subsidies | €943k | €448k | €448k | €685k | €450k |
| Other revenue | — | — | €1.17m12 | €1.36m12 | €1.58m12 |
| Player sales | €16.2m13 | €19.4m14 | €1.11m15 | €7.52m16 | €13.3m17 |
| Staff costs | €47.3m | €29.9m | €52.2m | €28.9m | €52.9m |
| Wage bill | — | — | €50.0m18 | €26.8m19 | €51.1m20 |
| Players' wages | €32.3m21 | €22.1m21 | €39.6m22 | €19.8m23 | €42.9m24 |
| Other operating costs | €17.9m | €12.2m | €15.5m | €9.60m | €20.7m |
| Travel | €1.47m | €1.07m | €1.51m | €957k | €1.57m |
| Player amortisation | €5.27m | €1.76m | €5.81m | €5.23m | €5.32m |
| Other depreciation | €2.22m | €2.06m | €2.00m | €1.79m | €1.52m |
| Operating result | €2.82m | €1.19m | −€12.3m | −€5.85m | −€756k25 |
| Financial result | −€3.33m | −€1.10m | −€1.37m | −€1.02m | −€856k |
| Result before tax | −€511k | €93.1k | −€13.6m | −€6.88m | −€1.61m |
| Income tax | €581k | −€88k26 | −€3.31m26 | −€1.71m26 | −€649k26 |
| Net result | −€1.09m | €181k | −€10.3m | −€5.16m | −€963k |
| Balance sheet | |||||
| Total assets | €68.2m | €51.1m | €57.9m | €53.9m | €51.1m |
| Non-current assets | €48.5m27 | €41.3m28 | €40.8m | €40.3m | €38.6m |
| Player registrations (book value) | — | — | €8.54m | €10.1m | €13.0m |
| Property and equipment | €7.21m | €7.45m | €1.57m29 | €1.24m30 | €1.03m |
| Current assets | €19.8m | €9.75m | €17.1m | €13.6m | €12.5m |
| Transfer fees receivable | — | — | €4.22m31 | €1.63m31 | €1.24m31 |
| Cash | €10.7m | €1.77m | €8.23m | €6.73m | €2.34m |
| Equity | −€14.0m32 | −€17.9m33 | −€17.4m34 | −€6.32m35 | −€539k36 |
| Share capital | €7.53m | €1.94m | €1.94m | €1.94m | €1.94m |
| Liabilities | €82.2m | €69.0m | €75.4m | €60.2m | €51.6m |
| Non-current liabilities | €37.3m | €32.1m | €30.7m | €24.3m | €13.0m |
| Current liabilities | €44.9m | €36.9m | €44.6m | €35.9m | €38.6m |
| Provisions | €838k | €0 | — | — | €0 |
| Financial debt | €33.3m37 | €32.3m38 | €26.3m39 | €14.5m40 | €2.96m41 |
| Tax and social security debt | €2.57m | €1.33m | €1.60m42 | €5.74m42 | €2.08m43 |
| Transfer fees payable | — | — | €6.99m44 | €5.35m45 | — |
| Cash flow | |||||
| Cash from operations | €4.37m | −€28.3m | −€1.89m | −€5.97m | −€13.5m |
| Cash from investing | −€1.89m | €20.7m | −€4.42m | €592k | €72.5k |
| Cash from financing | €6.47m | €1.12m | €7.82m46 | €9.76m47 | €7.05m48 |
| Net change in cash | €8.95m | −€6.47m | €1.51m | €4.38m | −€6.35m |
| Money from owners | |||||
| Capital increase | €5.60m49 | — | — | — | — |
| Transfers and people | |||||
| Employees | — | — | 170.850 | 168.8550 | 154.2950 |
Notes on 50 figures, in the accounts’ own words
- League and federation distributions: Ingresos Liga Fútbol Profesional.
- League and federation distributions: Ingresos Liga Fútbol Profesional, including the relegation parachute.
- League and federation distributions: Ingresos Liga Fútbol Profesional (other operating income).
- League and federation distributions: Ingresos Liga Fútbol Profesional, mainly LaLiga's relegation aid (ayuda al descenso) after the 2020-21 relegation.
- Matchday: Competitions €629,745, members and season tickets €7,120,722.
- Matchday: Competitions €154,636, members and season tickets €4,327,304.
- Matchday: Competitions €450,000, members and ticketing €6,689,550.
- Matchday: Competitions €92,355, members and ticketing €3,098,826.
- Matchday: Competitions only: no members' or season-ticket income with the stadium closed (Covid-19).
- Sponsorship: Publicidad y patrocinios.
- Commercial: Ingresos por comercialización (shop).
- Other revenue: Ingresos accesorios y otros de gestión corriente.
- Player sales: Gain on player transfers, net of book value (beneficios procedentes del traspaso de jugadores).
- Player sales: Net of book value: player transfer gains €20,175,837, less impairments (€172,238) and other disposals (€583,025).
- Player sales: Gain on player transfers (beneficios procedentes del traspaso de jugadores), net of book value, on disposals with a gross value of €5,185,000; the line deterioro y resultado por enajenaciones is €1,611,094 with €503,569 of other disposal results.
- Player sales: Gain on player transfers (beneficios procedentes del traspaso de jugadores), net of book value; the line deterioro y resultado por enajenaciones is €7,927,167 with €473,335 of other disposal results.
- Player sales: Gain on player transfers (beneficios procedentes del traspaso de jugadores), net of book value; the line deterioro y resultado por enajenaciones is €13,018,740 after €253,712 of impairment.
- Wage bill: Wages of sports staff €43,193,504 and other staff €6,773,721.
- Wage bill: Wages of sports staff €21,856,763 and other staff €4,930,809.
- Wage bill: Wages of sports staff €45,175,012 and other staff €5,889,220.
- Players' wages: Sueldos y salarios de la plantilla deportiva.
- Players' wages: Registrable squad cost without amortisation (LaLiga squad-cost indicator in the notes, thousands of euros).
- Players' wages: Registrable squad: wages €19,248k and social security €587k (LaLiga-format P&L in the 2022-23 notes, thousands).
- Players' wages: Registrable squad cost without amortisation (LaLiga squad-cost indicator in the notes, thousands of euros); includes 2019-20 season costs moved into this year by the Covid-19 calendar.
- Operating result: Includes a €762,535 release of provisions.
- Income tax: A tax income.
- Non-current assets: Includes €2,422,500 of non-current trade receivables.
- Non-current assets: Includes €5,926,549 of non-current trade receivables.
- Property and equipment: Inmovilizado material; investment property of €6,161,203 besides.
- Property and equipment: Inmovilizado material; investment property of €6,371,734 besides.
- Transfer fees receivable: Entidades deportivas deudoras por traspasos/cesiones (current).
- Equity: Includes €7,200,572 of capital grants; fondos propios −€21,180,100.
- Equity: Includes €7,813,318 of capital grants.
- Equity: Includes €8,426,063 of capital grants (the stadium concession); fondos propios −€25,868,571.
- Equity: Includes €9,038,809 of capital grants (the stadium concession); fondos propios −€15,354,874.
- Equity: Includes €9,651,554 of capital grants; fondos propios −€10,190,718.
- Financial debt: Other financial liabilities (€30,713,638 long, €2,477,773 short term), which hold LaLiga's participating loan, plus €91,183 of finance leases; no bank debt.
- Financial debt: Bank debt €3,957,840, finance leases €182,366 and other financial liabilities (€26,209,327 long, €1,942,776 short term), which hold LaLiga's participating loan.
- Financial debt: Bank loan €3,000,000 (half long, half short term), finance leases €273,549 and the LaLiga Impulso (CVC) participating loan €23,021,040 (€22,239,097 long, €781,943 short term). The creditors'-agreement (concurso) debt, €3,069,143, sits in other financial liabilities besides.
- Financial debt: Finance leases €366,298 and the LaLiga Impulso (CVC) participating loan €14,143,334 (€13,634,268 long, €509,066 short term); no bank debt. The creditors'-agreement (concurso) debt, €4,160,722, sits in other financial liabilities besides.
- Financial debt: Bank debt €2,935,000 and finance leases €28,972 (short term). The creditors'-agreement (concurso) debt sits in other financial liabilities.
- Tax and social security debt: Current balance with public administrations.
- Tax and social security debt: Current balance with public administrations; the deferred creditors'-agreement debt to the tax agency and Social Security sits in other financial liabilities.
- Transfer fees payable: Debts with sports entities for transfers and loans: €631,849 long and €6,353,880 short term (note 9).
- Transfer fees payable: Debts with sports entities for transfers and loans: €2,785,326 long and €2,569,625 short term (note 9).
- Cash from financing: As printed, after a −€1,396 exchange-rate effect (debt instruments €7,816,442).
- Cash from financing: As printed, after a −€38 exchange-rate effect (debt instruments €9,760,573).
- Cash from financing: As printed, after a −€14,066 exchange-rate effect (debt instruments €7,068,340).
- Capital increase: Emisión de instrumentos de patrimonio (cash flow); share capital rose from €1,935,345 to €7,534,874.
- Employees: Average headcount.
2024-25: Source: Real Valladolid2023-24: Sources: Real Valladolid, Real Valladolid2022-23: Source: Real Valladolid2021-22: Source: Real Valladolid2020-21: Source: Real Valladolid
League figures, wage bills, budgets and public money 9 records
| Season | TV money | Squad cost limit | Source |
|---|---|---|---|
| 2025-26 | €12.2mmaximum | Source: LaLiga (Liga Nacional de Fútbol Profesional) | |
| 2024-25 | €41.5mpaid | €41.8mmaximum | Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga |
| 2023-24 | €9.62mpaid | €16.6mmaximum | Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga |
| 2022-23 | €46.0mpaid | €46.7mmaximum | Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga (Liga Nacional de Fútbol Profesional) |
| 2021-22 | €9.78mpaid | €29.0mmaximum | Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga (Liga Nacional de Fútbol Profesional) |
Where Real Valladolid has played
Season by season
- 2026-272Segunda División
- 2025-262Segunda División
- 2024-251LaLiga, relegated
- 2023-242Segunda División, promoted
- 2022-231LaLiga, relegated
- 2021-222Segunda División, promoted
- 2020-211LaLiga, relegated
- 2019-201LaLiga
- 2018-191LaLiga
- 2017-182Segunda División, promoted
- 2016-172Segunda División
Sources9
- LaLiga Hypermotion: clubes LaLiga, League. Checked 3 October 2026.
- Ronaldo vende el Real Valladolid a inversores de EEUU y un fondo europeo 2Playbook, News, 23 May 2025. Checked 3 October 2026.
- El Real Valladolid aprueba la mayor ampliación de capital de su historia: 14 millones 2Playbook, News, 26 August 2026. Checked 3 October 2026.
- De Apollo a Taito Suzuki: ¿cómo el fútbol español ha llegado a los 30 dueños extranjeros? 2Playbook, News, 14 July 2026. Checked 3 October 2026.
- Ben Oldman Ben Oldman Partners, Owner. Checked 3 October 2026.
- Relación de S.A.D. de fútbol Consejo Superior de Deportes, Regulator. Checked 3 October 2026.
- Wikidata Wikidata, Wikipedia / Wikidata. Checked 3 October 2026.
- Estadio José Zorrilla Wikidata, Wikipedia / Wikidata. Checked 3 October 2026.
- Segunda División de España 2026-27 Wikipedia (es), Wikipedia / Wikidata. Checked 3 October 2026.
Also on Wikidata (Q10319).
