Recreativo Granada
Tier 5Tercera Federación, Grupo 9Granada, Andalucía, SpainOn the globe
Reserve side of Granada CF
- Founded
- 1947
- Ground
- Ciudad Deportiva Granada C. F.
- Full name
- Club Recreativo Granada
- Website
- granadacf.es
Who owns Recreativo Granada
Reserve side of Granada CF, fielded by the same entity.
Owned by investorsOwner based abroad: China
As of 2026High confidenceSource: Wikipedia (es)
From the pitch to the top
The company that fields the team, then each holder above it.
Fields the first teamGranada Club de Fútbol, S.A.D.
- 98.1%controlsWuhan DDMCSince 2016, figure as of July 2026Held through Daxian 2009, S.L. according to Wikipedia.Medium confidenceSource: 2Playbook
Recreativo Granada’s finances
From its published accounts and league records. Figures compare only with clubs at the tier it played that season.
- Equity
- €18.9m
- accounts, 2023-24
- Squad cost limit
- €4.30m
- maximum, 2025-26
- Public money
- €180k
- awarded, 2025, 1 records
The accounts
Granada Club de Fútbol, S.A.D., the entity that fields the team · 2019-20 to 2023-24
| Line | 2023-24Tier 1 · audited | 2022-23Tier 2 · audited | 2021-22Tier 1 · audited | 2020-21Tier 1 · audited | 2019-20Tier 1 · audited |
|---|---|---|---|---|---|
| Profit and loss | |||||
| Revenue | €61.7m | €16.6m | €64.8m | €86.2m | €52.1m |
| TV money | €46.8m | €9.76m | €52.4m | €77.4m | €40.9m |
| League and federation distributions | — | €14.5m1 | €404k2 | €1.02m2 | €543k2 |
| Matchday | €5.38m3 | €3.19m4 | €4.27m5 | €06 | €4.40m7 |
| Sponsorship | €6.31m8 | €2.02m9 | €6.12m10 | €5.12m11 | €3.79m12 |
| Commercial | €3.19m13 | €1.60m14 | €2.05m15 | €3.71m16 | €2.92m17 |
| Subsidies | €157k | €114k | €318k | €183k | €199k |
| Other revenue | €3.58m18 | €777k19 | €723k20 | €1.12m21 | €450k22 |
| Player sales | €16.7m23 | €9.07m24 | €663k25 | €975k26 | €863k27 |
| Staff costs | €49.6m | €30.4m | €40.2m | €54.1m | €28.8m |
| Wage bill | €47.0m28 | €28.4m29 | €38.5m30 | €52.4m31 | €27.1m32 |
| Players' wages | €37.7m33 | €21.4m34 | €31.9m35 | €45.0m36 | €21.5m37 |
| Other operating costs | €18.9m | €11.8m | €17.2m | €21.4m | €17.1m |
| Travel | €2.28m | €2.33m | €1.90m | €3.24m | €1.55m |
| Player amortisation | €7.38m38 | €3.87m39 | €11.0m40 | €9.17m41 | €2.52m42 |
| Other depreciation | €803k | €750k | €699k | €581k | €584k |
| Operating result | €3.95m | −€4.35m | −€3.06m | €3.51m | €1.15m |
| Financial result | −€713k | −€481k | −€405k | −€113k | €572k |
| Result before tax | €3.24m | −€4.83m | −€3.47m | €3.40m | €1.72m |
| Income tax | €924k | −€1.47m | −€624k | €103k | €562k |
| Net result | €2.31m | −€3.36m | −€2.84m | €3.30m | €1.16m |
| Balance sheet | |||||
| Total assets | €67.3m | €59.2m | €67.3m | €52.4m | €42.7m |
| Non-current assets | €44.7m | €42.7m | €45.3m | €36.4m | €17.6m |
| Player registrations (book value) | €20.6m | €12.3m | €26.8m | €25.7m | €6.89m |
| Property and equipment | €11.4m | €9.92m | €8.57m | €9.00m | €9.51m |
| Current assets | €22.6m | €16.5m | €22.0m | €16.0m | €25.2m |
| Transfer fees receivable | €9.46m43 | €20.4m44 | €4.78m45 | €1.86m46 | €1.10m47 |
| Cash | €7.28m | €1.75m | €12.3m | €1.46m | €15.0m |
| Equity | €18.9m48 | €16.7m49 | €20.1m50 | €16.6m | €15.4m |
| Share capital | €5.34m | €5.34m | €5.34m | €5.34m | €5.34m |
| Liabilities | €48.4m | €42.5m | €47.1m | €35.8m | €27.3m |
| Non-current liabilities | €22.8m | €20.4m | €20.7m | €3.03m | €4.79m |
| Current liabilities | €25.6m | €22.1m | €26.5m | €32.7m | €22.5m |
| Provisions | €841k | €486k | €3.86m | €5.89m51 | €4.84m52 |
| Financial debt | €19.0m53 | €19.9m54 | €18.0m55 | €4.43m56 | €4.95m57 |
| Tax and social security debt | €4.68m58 | €4.39m58 | €3.39m58 | €5.54m58 | €2.79m58 |
| Transfer fees payable | €16.9m59 | €8.69m60 | €12.3m61 | €12.7m62 | €3.03m62 |
| Cash flow | |||||
| Cash from operations | −€3.28m | −€19.6m | €11.7m63 | €15.1m | €8.73m |
| Cash from investing | €6.44m | €10.1m | −€18.6m | −€28.1m | −€8.43m |
| Cash from financing | €2.38m | −€1.08m | €20.5m | −€511k | €4.95m |
| Net change in cash | €5.53m | −€10.5m | €10.8m | −€13.5m | €5.24m |
| Money from owners | |||||
| Capital increase | — | — | — | €064 | €064 |
| Transfers and people | |||||
| Transfer fees received | — | — | — | — | €1.53m65 |
| Transfer fees paid | — | — | — | €28.0m66 | €7.89m67 |
| Employees | 22768 | 19468 | 17268 | 16368 | 159.6568 |
| Players | 8069 | 6869 | 5569 | 6069 | 80.2769 |
Notes on 69 figures, in the accounts’ own words
- League and federation distributions: Relegation aid (ayuda al descenso), in other operating income.
- League and federation distributions: LaLiga income other than TV, in other operating income.
- Matchday: Competitions €2,086,005.50, members and season tickets €3,290,056.50.
- Matchday: Competitions €723,213.13, members and season tickets €2,468,833.06.
- Matchday: Competitions €1,199,255.78, members and season tickets €3,073,687.02.
- Matchday: The P&L prints dashes for competition and members' income.
- Matchday: Competitions €1,696,800.39, members and season tickets €2,700,843.53.
- Sponsorship: Publicidad: static €4,073,448.99, dynamic €2,237,712.76.
- Sponsorship: Publicidad: static €1,774,709.46, dynamic €245,025.
- Sponsorship: Publicidad: static €4,092,044.27, dynamic €2,030,297.98.
- Sponsorship: Publicidad: static €1,968,164.45, dynamic €3,151,701.35.
- Sponsorship: Publicidad: static €2,670,486.49, dynamic €1,121,084.97.
- Commercial: Comercialización: shop sales €2,390,070.15 and sponsorship €800,000.
- Commercial: Shop sales.
- Commercial: Comercialización: shop sales €1,398,205.11 and sponsorship €650,000.
- Commercial: Comercialización: shop sales €1,472,519.98 and sponsorship €2,240,782.38.
- Commercial: Comercialización: shop sales €1,168,521.68 and sponsorship €1,755,950.41.
- Other revenue: Player loans €2,404,862.37 and other income €1,172,150.09.
- Other revenue: Player loans €100,000 and other income €676,555.16.
- Other revenue: Player loans €125,000 and other income €598,459.75.
- Other revenue: Player loans €783,750 and other income €336,232.11.
- Other revenue: Other income; no player loans out in the year.
- Player sales: Net gain on player transfers (deterioro y resultado por enajenaciones): gains €17,937,051.57 less losses €1,260,799.83.
- Player sales: Net gain on player transfers (deterioro y resultado por enajenaciones): gains €10,995,599.22 less losses €1,924,558.69.
- Player sales: Net gain on player transfers (deterioro y resultado por enajenaciones): gains €985,133.47 less losses €321,714.87.
- Player sales: Net gain on player transfers (deterioro y resultado por enajenaciones): gains €1,288,093.29 less losses €313,398.66.
- Player sales: Net gain on player transfers (deterioro y resultado por enajenaciones): gains €1,281,495 less losses €418,917.41.
- Wage bill: Squad wages €42,044,282.60 and other wages €4,910,903.57.
- Wage bill: Squad wages €24,300,724.93 and other wages €4,054,052.58.
- Wage bill: Squad wages €34,480,426.95 and other wages €3,988,839.75.
- Wage bill: Squad wages €47,623,305.31 and other wages €4,754,188.77.
- Wage bill: Squad wages €23,701,244.75 and other wages €3,447,978.49.
- Players' wages: Registrable squad cost (pay, severance €3,841,770.21, Social Security, bonuses), note 14.d.
- Players' wages: Registrable squad cost (pay, severance, Social Security, bonuses €4.86m), note 14.d.
- Players' wages: Registrable squad cost (pay, severance €3,361,813.68, Social Security, other), note 16.
- Players' wages: Registrable squad staff cost (pay €33,446,192.74, Social Security, collective bonuses €11,071,500, other), note 16.d.
- Players' wages: Registrable squad cost without amortisation (LaLiga control note, coste de plantilla deportiva inscribible).
- Player amortisation: Registrable €7,323,523.75 and non-registrable €52,173.92 players' rights.
- Player amortisation: Registrable €3,792,322.13 and non-registrable €81,772.69 players' rights.
- Player amortisation: Registrable €10,945,527.03 and non-registrable €55,948.61 players' rights.
- Player amortisation: Registrable €9,146,692.66 and non-registrable €20,999.41 players' rights.
- Player amortisation: Registrable €2,513,996.44 and non-registrable €8,000 players' rights.
- Transfer fees receivable: Entidades deportivas deudoras por traspasos/cesiones, long €2,500,000 and short €6,962,173.37.
- Transfer fees receivable: Entidades deportivas deudoras por traspasos/cesiones, long €9,997,353.92 and short €10,433,547.54.
- Transfer fees receivable: Entidades deportivas deudoras por traspasos/cesiones, long €870,028.78 and short €3,912,864.38.
- Transfer fees receivable: Entidades deportivas deudoras por traspasos/cesiones, long €600,000 (in other long-term financial assets, note 10) and short €1,263,321.05.
- Transfer fees receivable: Entidades deportivas deudoras por traspasos/cesiones (short term).
- Equity: Includes €5,240,456.07 of capital grants; fondos propios €13,666,449.64.
- Equity: Includes €5,322,338.19 of capital grants; fondos propios €11,353,978.59.
- Equity: Includes €5,404,220.31 of capital grants.
- Provisions: Short term.
- Provisions: Long €263,591.06 and short €4,572,827.43.
- Financial debt: Deudas con entidades de crédito: LaLiga Impulso participating loan €18,068,041.33 and a Caja Rural ICO loan €947,507.40 (note 9.4).
- Financial debt: Deudas con entidades de crédito: LaLiga Impulso participating loan €17,951,619.08 and Caja Rural ICO loans €1,960,569.75.
- Financial debt: Deudas con entidades de crédito, including the LaLiga Impulso participating loan (long €14,264,651.12, short €772,937.52).
- Financial debt: Deudas con entidades de crédito, long €3,023,268.78 and short €1,410,921.37.
- Financial debt: Deudas con entidades de crédito, long €4,513,986.91 and short €431,619.27.
- Tax and social security debt: Deudas con las Administraciones Públicas.
- Transfer fees payable: Debts to clubs/SADs for transfers and loans, long €4,218,181.80 and short €12,703,867.90.
- Transfer fees payable: Debts to clubs/SADs for transfers and loans, long €755,000 and short €7,934,137.71.
- Transfer fees payable: Debts to clubs/SADs for transfers and loans, long €2,655,000 and short €9,683,918.84.
- Transfer fees payable: Debts to clubs/SADs for transfers and loans (short term).
- Cash from operations: As printed; restated as €8,932,205.93 in the 2022-23 accounts.
- Capital increase: Statement of changes in equity: no transactions with shareholders.
- Transfer fees received: Aggregate sale price of the registrations disposed of (note 6).
- Transfer fees paid: Additions to players' registration rights in the year, including increases in the cost of economic rights (note 6).
- Transfer fees paid: Additions to players' registration rights in the year, all purchase price (note 6).
- Employees: Average headcount.
- Players: Average number of players (all teams).
2023-24: Source: Granada CF2022-23: Sources: Granada CF, Granada CF2021-22: Source: Granada CF2020-21: Sources: Granada CF, Granada CF2019-20: Sources: Granada CF, Granada CF
League figures, wage bills, budgets and public money 11 records
| Season | TV money | Squad cost limit | Source |
|---|---|---|---|
| 2025-26 | €4.30mmaximum | Source: LaLiga (Liga Nacional de Fútbol Profesional) | |
| 2024-25 | €8.15mpaid | €6.96mmaximum | Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga |
| 2023-24 | €45.9mpaid | €47.6mmaximum | Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga |
| 2022-23 | €9.64mpaid | €29.1mmaximum | Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga (Liga Nacional de Fútbol Profesional) |
| 2021-22 | €51.9mpaid | €53.5mmaximum | Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga (Liga Nacional de Fútbol Profesional) |
| Public money, season or year | Total | Records |
|---|---|---|
| 2025 | €180kawarded | 1 |
| 2024 | €180kawarded | 1 |
- 23 December 2025€180kawarded from DIPUTACIÓN PROVINCIAL DE GRANADA: CONVENIO DE COLABORACIÓN PARA LA ORGANIZACIÓN Y DESARROLLO DE ACTIVIDADES DEPORTIVAS ENTRE GRANADA CLUB DE FUTBOL Y DIPUTACIÓN DE GRANADA. Source: Base de Datos Nacional de Subvenciones (IGAE)
- 27 December 2024€180kawarded from DIPUTACIÓN PROVINCIAL DE GRANADA: CONVENIO DE COLABORACIÓN PARA LA ORGANIZACIÓN Y DESARROLLO DE ACTIVIDADES DEPORTIVAS ENTRE GRANADA CLUB DE FUTBOL Y DIPUTACIÓN DE GRANADA. Source: Base de Datos Nacional de Subvenciones (IGAE)
Where Recreativo Granada has played
Season by season
- 2026-275Tercera Federación, Grupo 9
- 2025-265Tercera Federación, Grupo 9
- 2024-254Segunda Federación, Grupo 4, relegated
- 2023-243Primera Federación, Grupo 2, relegated
- 2022-234Segunda Federación, Grupo 4, promoted
- 2021-224Segunda Federación, Grupo 5
- 2020-213Segunda División B, Grupo 4-B, relegated
- 2019-203Segunda División B, Grupo 4
- 2018-193Segunda División B, Grupo 4
- 2017-183Segunda División B, Grupo 4
- 2016-173Segunda División B, Grupo 4
Sources7
- Nota legal Granada CF, Club. Checked 3 October 2026.
- LaLiga Hypermotion: clubes LaLiga, League. Checked 3 October 2026.
- Un fondo de EEUU liderado por un exjugador de MLB ultima la compra del Granada CF 2Playbook, News, 3 July 2026. 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.
- Tercera Federación - Grupo IX 2026-27 Wikipedia (es), Wikipedia / Wikidata. Checked 3 October 2026.
- Club Recreativo Granada Wikipedia (es), Wikipedia / Wikidata. Checked 3 October 2026.
Also on Wikidata (Q8964927).
