Soccer represents 1.4 % of Spain’s GDP

The president of LaLiga, Javier Tebas, stressed the “tremendous responsibility” that he has at the head of his organization for the economic impact of the football industry on the economy in Spain and that forces its managers not to make “bad decisions”, while He praised the organization’s capacity in digitalization and technology issues and warned about the need to understand the irruption of OTTs.

“There is a tremendous responsibility because the football industry generates 1.40 % of GDP and the clubs have a turnover of 4,500 million, which is the responsibility of LaLiga and if you make bad decisions you endanger that,” Tebas said during his participation in the VI CEAPI Ibero-American Business Congress in Madrid.

The leader stressed that the club employers generate “160,000 jobs” and that it is “the most important net export sector in the country” because they manufacture matches every weekend to reach all countries “without ships or trains.” just uploading a signal to the satellites. “That costs us 40 million a year and what we generate is more than 1,500 net,” he explained, clarifying that “the majority” goes to “the workers and the state coffers.”

“Any decision you make can endanger this sector, and it is our responsibility that this industry continues to maintain jobs and that it continues to be ethical,” continued Tebas, who clarified that in LaLiga “not everything is general for Real Madrid and the FC Barcelona, which is 32%” and who stressed that if the industry continues to grow they can launch “many Corporate Social Responsibility actions or help other sports”.

K. Tovar

Source: Notiamerica

(Reference image source: Eduardo Parra, Europapress)

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