La Liga expects to cut the financial gap to the Premier League and hopes to match its revenues by 2020. In a statement from the Spanish Football Federation’s president, Javier Tebas, La Liga is predicting total revenues of £2.8bn at the end of the current season. This is an increase of £229.5m from last season.
La Liga remains on a growth strategy to try and rival the Premier League and this is partly attributed to a 23.7% increase in TV revenue for this season generating a total of £1.1bn. This compares to projected Premier League revenues of £3.6bn for the 2016/17 season, per Deloitte reports.
Currently in La Liga, Barcelona and Real Madrid, generate 37% of the leagues total revenue. Globally, Barcelona rank second, with a revenue of £527.3m and Real Madrid are third, with £527.2m behind Manchester United who top the Deloitte Football Money League.