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La Liga Clubs Reject Barcelona & Real Madrid's Offer Of Greater TV Revenue
Clubs in Spain are not happy with Madrid and Barcelona's new proposal.
Oct 6, 2010 1:15:00 PM
By Subhankar Mondal
Real Madrid and Barcelona's offer to the other clubs in the Spanish Primera Division of greater TV revenue has been rejected.
AP reports that representatives of the 20 teams in the first division met on Tuesday to discuss a more equitable way to divide income from TV revenue in the future but at least two major clubs weren't satisfied with the proposal on the table.
League spokesman Juan Carlos Santamaria revealed that an agreement couldn't be reached but added that the clubs would meet again on October 22.
"The clubs let Real Madrid and Barcelona know they weren't happy and that although they recognized these two clubs were the best and raised the value of the Spanish league, the league was more than just two teams," said Santamaria.
"There's a strong willingness to reach an accord but this is complicated and there's a long way to go."
At the moment the clubs in the Spanish top flight negotiate TV revenue individually with Madrid and Barcelona getting most of the money. But this system is scheduled to expire in 2014 and there have been calls in Spain to spread the money from TV deals more equitably thereafter.
In the meeting on Tuesday Madrid and Barca proposed that they should receive 34% of the total TV revenue from 2014 onwards with Atletico Madrid and Valencia earning 11% and 55% respectively for the rest.
However, Sevilla and Villarreal are not happy with this and want a bigger share, suggesting dividing 40% of the total money among the 20 clubs and the remaining 60% according to performances of each team.
AP reports that representatives of the 20 teams in the first division met on Tuesday to discuss a more equitable way to divide income from TV revenue in the future but at least two major clubs weren't satisfied with the proposal on the table.
League spokesman Juan Carlos Santamaria revealed that an agreement couldn't be reached but added that the clubs would meet again on October 22.
"The clubs let Real Madrid and Barcelona know they weren't happy and that although they recognized these two clubs were the best and raised the value of the Spanish league, the league was more than just two teams," said Santamaria.
"There's a strong willingness to reach an accord but this is complicated and there's a long way to go."
At the moment the clubs in the Spanish top flight negotiate TV revenue individually with Madrid and Barcelona getting most of the money. But this system is scheduled to expire in 2014 and there have been calls in Spain to spread the money from TV deals more equitably thereafter.
In the meeting on Tuesday Madrid and Barca proposed that they should receive 34% of the total TV revenue from 2014 onwards with Atletico Madrid and Valencia earning 11% and 55% respectively for the rest.
However, Sevilla and Villarreal are not happy with this and want a bigger share, suggesting dividing 40% of the total money among the 20 clubs and the remaining 60% according to performances of each team.
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