HomeSportsLaLiga approves a record budget of 23.5 million euros

LaLiga approves a record budget of 23.5 million euros

The Portuguese Professional Football League (LPFP) approved this Thursday the Budget and Activity Plan for the 2022/23 season, with a record expected revenue of 23.5 million euros (ME).

The document, which presents a positive operating result of 1,108 million euros, and which was ratified unanimously, also includes largest income distribution in historydirectly and indirectly, to sports societies, in number of nine ME.

It is a challenging budget and activity plan, because we come from difficult periods, product of the pandemic, but that demonstrates a path of rigor and execution of the objectives that we set for ourselves. The approval was an unequivocal demonstration of the alignment of wills”, said Rui Caeiro, executive director of the LPFP.

about the budget grew 2.4 million euros compared to last seasonAbove all for the work carried out in attracting commercial income, Telmo Viana, financial director of the organization, spoke in a document with “rigor, caution and responsibility.”

“The vote itself says it all about the position of sports societies in relation to this management model. We cannot forget the last two years of difficulties, but the League, as a result of its good work, managed to present the largest budget in history, with the largest distribution of income, directly and indirectly, to societies”, explained the person in collect.

This wording, which will be shared with clubsamounts to nine million euros, almost one million more than in 2021/22, from direct income, specifically with the award for sports performance in the League Cup, but also from indirect funds, from expenses that the LPFP assumes on behalf of sports societies

The value of the contingent liabilities that the organization still has in hand, inherited from administrations prior to that of President Pedro Proença, is 33.5 ME, 1.5 million less than the budget of the previous season.

The activity plan for 2021/22 also includes “11 transversal projects for the 2022/23 season”highlighting “innovative programs”, such as the creation of new companies – Liga Comercial, Liga Infraestruturas, Liga Centralização and Liga Talent Business Center -, in addition to a “greater commitment to new technologies, the continuity of the internationalization of Liga Portugal, the continuous training of sports agents or the growth and maturation of the consulting project for sports companies”.

Also during this general assembly of the LPFP, in which only the representatives of Belenenses SAD, Feirense and those relegated to Liga 3 Varzim and Académica de Coimbra were absent, a new major assembly was scheduled for July 8, to discuss three articles of the disciplinary regulation. that were questioned in the recent general assembly of the Portuguese Football Federation.

Source: Observadora

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