EconomicsSpainTier 1

The money in LaLiga

What it takes to play in LaLiga, what it pays, and how its clubs do.

↓ Segunda División Clubs and owners in LaLiga

Central money per club: €45.9m–€160.6m; TV money, 2021-22paid
Typical staff costs: €51.5m; wages and social charges, median of 23 clubs
Typical club revenue: €68.2m; median of 23 clubs' latest accounts at this tier
Typical club result: €1.51m; median of 23 clubs' latest accounts at this tier

What it takes to play here

The 2026-27 rules from the league’s and federation’s own regulations, sorted by when they cost money.

Conditions, pay, squad, ground and reporting rules 7

Conditions

Requirements, not payments, though some can force an owner to put in money.

Ownership approval25% share of voting rightsLey 39/2022 art. 67.2. Source: Boletín Oficial del Estado
Multi-club ownership5% share of voting rightsLey 39/2022 art. 68.2. Source: Boletín Oficial del Estado
Legal formSAD or club deportivoLey 39/2022. Source: Boletín Oficial del Estado

Pay and spending

Parachuteclubs relegated to Segunda share 90% of the compensation fundclubs relegated from Primera División. RDL 5/2015 art. 6.1.a. Source: Boletín Oficial del Estado
Squad cost limitclub-specific limit set by LaLiga (Límite de Coste de Plantilla Deportiva)LaLiga Normas de Elaboración de Presupuestos. Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga (Liga Nacional de Fútbol Profesional)

Squad

Squad size25 first-team licences (maximum)Source: Real Federación Española de Fútbol
Non-EU players3 non-EU players in the first-team squad (maximum)Source: Real Federación Española de Fútbol

Money in from the league and federation

Central payments to the division’s clubs, the latest season first. A maximum is the most a club can get, not what it received.

TV moneypaid€45.0m–€155.8m per club2022-23, paid by LaLiga, €1.37bn in all. RDL 5/2015 art. 5: 90% of league audiovisual income to Primera, 10% to Segunda; Primera 50% equal, 25% sporting results over five seasons, 25% social implantation; Segunda at least 70% equal.Earlier: 2021-22 €45.9m–€160.6m per club.Sources: LaLiga (Liga Nacional de Fútbol Profesional), Boletín Oficial del Estado, LaLiga (Liga Nacional de Fútbol Profesional)

The division’s accounts

Every club in the division added together, from the league’s or federation’s annual report, season by season. The latest season is the brighter column.

Revenue, all clubs€4.12bn2024-25

TV money, all clubs€1.29bn2024-25

Staff costs, all clubs€2.51bn2024-25

Net result, all clubs−€2.80m2024-25

Clubs in profit132023-24

Every line, season by season

All clubs together	2024-25	2023-24	2022-23	2021-22
Revenue	€4.12bn	€3.81bn	€3.65bn	€3.34bn
TV money	€1.29bn	€1.36bn	€1.38bn	€1.46bn
Matchday	€815.8m	€653.8m	€628.8m	€453.8m
Sponsorship	€709.0m	€602.3m	€536.0m	€461.2m
Commercial	€1.30bn	€1.08bn	€934.1m	€714.9m
Wage bill	€2.51bn	€2.47bn	€2.54bn	€2.33bn
Other operating costs	€1.12bn	€1.02bn	€966.4m	€814.0m
Operating result	€249.2m	−€130.5m	€263.1m	€27.7m
Net result	−€2.80m	−€286.9m	€308.0m	−€81.5m
Equity	€986.0m	€914.3m	€1.19bn	€809.6m
Liabilities	€8.68bn	€7.51bn	€7.63bn	€6.48bn
Financial debt	€6.03bn	€5.09bn	€5.11bn	€3.99bn
Capital increase	€110.1m	€94.9m	€35.5m	€44.8m
Clubs in profit		13	13

Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga (Liga Nacional de Fútbol Profesional), LaLiga (Liga Nacional de Fútbol Profesional), LaLiga (Liga Nacional de Fútbol Profesional)

A typical club here

Each club’s latest published figures, one dot a club, the white mark the median. Only clubs that publish are counted, so the sample may lean towards larger or better-run clubs.

What LaLiga clubs earn and spend

Every figure a club or its league publishes, on one scale: what comes in, what goes out on staff, and the caps that limit it. Each lane says what its amounts are; a cap is not money spent.

Money in
Money out
A limit, not money spent

Revenueaccounts · 18 clubs

TV moneypaid · 20 clubs

Staff costsaccounts · 18 clubs

Squad cost limitmaximum · 20 clubs

Read as a table

Club	Revenue	TV money	Staff costs	Squad cost limit
Deportivo Alavés	€61.1m (2024-25)	€43.5m (2024-25)	€42.2m (2024-25)	€41.0m (2025-26)
Athletic Club	€166.4m (2024-25)	€72.3m (2024-25)	€122.1m (2024-25)	€126.0m (2025-26)
Atlético de Madrid		€108.2m (2024-25)		€327.0m (2025-26)
FC Barcelona	€964.2m (2024-25)	€156.4m (2024-25)	€510.0m (2024-25)	€351.3m (2025-26)
RC Celta de Vigo	€105.1m (2025-26)	€45.8m (2024-25)	€69.3m (2025-26)	€91.1m (2025-26)
Deportivo de A Coruña	€6.25m (2021-22)	€5.91m (2024-25)	€8.05m (2021-22)	€11.5m (2025-26)
Elche CF	€14.4m (2024-25)	€6.05m (2024-25)	€18.7m (2024-25)	€40.5m (2025-26)
RCD Espanyol	€68.6m (2024-25)	€43.4m (2024-25)	€51.5m (2024-25)	€56.6m (2025-26)
Getafe CF	€58.0m (2024-25)	€45.5m (2024-25)	€43.0m (2024-25)	€50.7m (2025-26)
Levante UD	€15.1m (2024-25)	€6.23m (2024-25)	€23.3m (2024-25)	€35.5m (2025-26)
Málaga CF	€20.4m (2024-25)	€5.54m (2024-25)	€13.0m (2024-25)	€11.7m (2025-26)
CA Osasuna	€68.2m (2024-25)	€48.1m (2024-25)	€49.2m (2024-25)	€54.5m (2025-26)
Racing de Santander	€19.3m (2024-25)	€6.56m (2024-25)	€12.8m (2024-25)	€12.1m (2025-26)
Rayo Vallecano	€56.0m (2024-25)	€42.7m (2024-25)	€35.3m (2024-25)	€47.0m (2025-26)
Real Betis Balompié	€150.6m (2024-25)	€64.7m (2024-25)	€102.7m (2024-25)	€125.9m (2025-26)
Real Madrid CF		€157.9m (2024-25)		€761.2m (2025-26)
Real Sociedad	€126.5m (2024-25)	€67.8m (2024-25)	€97.6m (2024-25)	€128.3m (2025-26)
Sevilla FC	€115.2m (2024-25)	€64.0m (2024-25)	€114.0m (2024-25)	€22.1m (2025-26)
Valencia CF	€97.6m (2024-25)	€52.5m (2024-25)	€83.2m (2024-25)	€91.2m (2025-26)
Villarreal CF	€95.4m (2024-25)	€57.8m (2024-25)	€114.1m (2024-25)	€173.1m (2025-26)