Despite facing €800 million loss in revenue: LaLiga chief says club owners won't sell stakes at a discount

11 June 2020

JT
Photo: PA Images "Club owners are not willing to sell at a discount - they will not be obliged to sell their stakes," LaLiga president Javier Tebas said. Instead, "they will wait for the value to go back to normal".

Javier Tebas says spending in the coming transfer window is expected to reach just a third of last summer's level.

Though a massive drop in revenue, the president is convinced LaLiga club owners will rather rebuild value than sell at a discount.

The league is regularly in contact with banks and investors on helping clubs with financing.

Emil Gjerding Nielson nielson@offthepitch.com

Spanish clubs are facing losses of up to €800 million in matchday revenue as a result of the coronavirus pandemic, according to LaLiga chief executive Javier Tebas, but that won't mean owners will cede control to bargain-hunting investors.

Tebas' comments came at a video-conference with international media on Thursday ahead of LaLiga's restart later that day where Sevilla and Real Betis kick off the remainder of the season. Of the coming transfer window, Tebas said a lot less movement was expected.

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