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Profile: Real Sociedad de FÃºtbol, S.A.D.
Real Sociedad de FÃºtbol, S.A.D. was a participant or observer in the following events:
Some Spanish football clubs fail to back a proposed agreement on how to share income from collectively-sold domestic television rights from the 2015-16 season. Under the agreement, the largest two Spanish clubs, Read Madrid and Barcelona, would share 34 percent of all income, Atletico Madrid and Valencia would share 11 percent, the remaining 16 top-tier Spanish clubs would split 45 percent equally, and there would be parachute payments for relegated clubs. The proposal is opposed by Sevilla, Zaragoza, Villarreal, Real Sociedad, Athletic Bilbao, and Espanyol, with Malaga undecided. “Only Real Madrid and Barcelona stand to gain from this,” says Sevilla president Jose Maria del Nido, spokesman for the rebels. “The two giants have earned €1,500 million more than the next club in the last 10 years, and with this agreement in place four clubs—Real Madrid, Barcelona, Atletico Madrid, and Valencia—will all earn more in the next six years than a team that finishes third in the league.” The rebels propose a different agreement under which revenue would be shared more equally. “Of the 79 leagues played 51 have been won by Real Madrid or Barcelona, which is 65 percent against 35 percent for the rest,” adds del Nido. “In the last 10 years the two big clubs have won 80 percent of the titles with 20 percent for the rest. And most significantly, in the last five years only these two have won the title. If this continues the league title will have been sold in advance for the next 10 years.” [Soccerlens, 11/18/2010]
Entity Tags: Jose Maria del Nido, Villarreal Club de FÃºtbol, S.A.D., FC Barcelona, Sevilla FÃºtbol Club S.A.D., Valencia, Club AtlÃ©tico de Madrid, S.A.D., Real Madrid Club de FÃºtbol, Reial Club Deportiu Espanyol de Barcelona, Real Zaragoza, S.A.D., Real Sociedad de FÃºtbol, S.A.D.
Timeline Tags: Football Business and Politics
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