LaLiga Institutional
LaLiga with sport
As provided for in article 8 d) of Law 19/2013, of 9 December, on transparency, access to public information and good governance, the budget of LaLiga for the 2019/2020 season is shown below:
LaLiga Traditional | TV | Totals | |
Revenues | 109.952 | 1.890.525 | 2.000.477 |
Consumables and others | -42.503 | -121.327 | -163.830 |
Other operating income | 21.867 | 8.175 | 30.043 |
Staff costs | -17.536 | -16.032 | -33.568 |
Other operating expenses | -56.825 | -59.087 | -115.913 |
Club billing for marketing of image rights | -13.070 | -1.695.567 | -1.708.637 |
Depreciation of fixed assets | -1.885 | -6.688 | -8.573 |
Operating profit/(loss) | 0 | 0 | 0 |
Financial profit/(loss) | 0 | 0 | 0 |
Profit/(loss) for the year | 0 | 0 | 0 |
Budgeting process
The budgeting process starts three months before the start of the new season. The Management Control team holds meetings with the different management teams to draw up an initial budget for the different projects to be carried out in the new season based on the company's strategy, underpinned by four strategic pillars: internationalisation, products, data and digitalisation.
The Management Control team aggregates the individual budgets made by each department, thereby creating an aggregate budget (made up of the sum of the budgets of each department).
After that, LaLiga's budget, together with the individual budgets of each area, are explained and detailed internally through a Power BI dashboard, and ultimately it is decided which projects will be included in the budget, along with their amount in euros.
While analysing the budgets of the different divisions and on the basis of criteria established by an independent third-party expert, these projects are assigned to the audiovisual business and to LaLiga's traditional business, splitting income and expenses between these two lines of business.
Finally, the budget of LaLiga is taken to the Executive Committee that approves to submit it to the Assembly for approval.
Budgetary control process
Every month, Management Control team reviews with each management team the closing of each month, analysing the income and expenses incurred in each project and monitoring them in detail at the end of the season, detecting, a priori, possible risks and opportunities.
Once management has reviewed each individual project, an individual monthly report is submitted to each department. A global report is submitted to General Corporate Management, with in-depth information on the main budget items that have undergone changes, the reasons for these changes and the main risks and opportunities for the end of the season, using a Power BI scorecard.