Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,354 members, 7,815,750 topics. Date: Thursday, 02 May 2024 at 05:34 PM

Real Madrid, Barcelona, Others Contribute $17.9bn Into Spanish Economy - Sports - Nairaland

Nairaland Forum / Entertainment / Sports / Real Madrid, Barcelona, Others Contribute $17.9bn Into Spanish Economy (302 Views)

How Did Real Madrid & Barcelona Perform After Ronaldo & Messi Left The Clubs? / Tennis: Serena Fined $17,000 For U.S Open Code Violations / US Open Final: Serena Williams Gets Fined For $17,000 For Three Violations (2) (3) (4)

(1) (Reply)

Real Madrid, Barcelona, Others Contribute $17.9bn Into Spanish Economy by Jidefido(m): 5:05am On Mar 02, 2019
La Liga, the organising body for Spain’s top two soccer divisions, contributed €15.7 billion (US$17.9 billion) to the country’s economy during the 2016/17 season, according to a new study by consultancy firm, PricewaterhouseCoopers (PwC).
The recently released report shows that the economic impact equated to 1.37 per cent of Spain’s Gross Domestic Product (GDP) that year, with the soccer industry generating as many as 185,000 jobs.
The €15.7 billion figure included a €3 billion ‘direct impact’ generated by La Liga clubs themselves and €5.6 billion worth of ‘indirect impact’ from soccer vendors. The rest was broken down into ‘sectors related to soccer’ (€4 billion) such as catering, accommodation and bars, and ‘spectator spending’ (€3.1 billion) on things like transport.
La Liga and PwC last published a report in 2014, when it was revealed that Spanish soccer had an economic impact of €7.6 billion during the 2012/2013 season, equating to less than half the latest figure.
The report concluded that employment related to the soccer industry in Spain has gone up by 28 per cent compared to the last study four years ago, while fiscal contributions have increased by 41 per cent and the contribution to La Liga’s financial activity has doubled.
Commenting on the findings, La Liga president Javier Tebas said: "It confirms the enormous social and financial importance of professional football in our country and, subsequently, the importance of making responsible and well thought-out decisions about everything that affects an industry that is so relevant to our society.”

https://thesportsbay.com/26358-la-liga-clubs-fund-spanish-economy-with-e15-7bn-in-2016-17-season.html

(1) (Reply)

[goals Highlight] PSG 1 – 3 Man United (watch Here) / Best Tips 2-8odds / Arsene Wenger Gets Premier League Offer

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 8
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.