Interview: Ex RCD Mallorca chief on why now is the time to invest in Spanish football

22 June 2020

mallorca
Photo: PA Images Takefusa Kubo celebrates after his goal during Spanish "La Liga Santander" match between RCD Mallorca 3-1 Villarreal CF at the Son Moix Stadium in Palma de Mallorca, Spain. The former CEO of the club belive that Spanish clubs could be a great investment even though owners would be reluctant to sell shares at this stage.

Bumper broadcast deals and stringent financial controls have put Spanish clubs on a sustainable path, making them “especially attractive” for international investors.

One quarter of La Liga clubs’ TV money “…is based not on legs, but on brains. On your ability to grow your TV audiences and your ability to grow your ticketing income.” That structure is an opportunity for owners to make a solid return on their investment

Owners might be reluctant to sell – certainly for big discounts – but Maheta Molango, the former RCD Mallorca CEO, believes that multiples on Spanish clubs will only increase.

Molango, who turned big losses at Mallorca into solid profits, calls La Liga’s financial regulations basically “crazy” but praises the work of the league and the progress in transforming club finances.

As a striker making his debut for Brighton & Hove Albion, Maheta Molango scored after 12 seconds. Sixteen years later, having swapped his boots for the boardroom, the Swiss executive believes he is equally adept at sensing opportunities away from the pitch.

In an interview with offthepitch.com, the former CEO of La Liga club RCD Mallorca explained why “a significant number” of foreign investors are eyeing Spanish football clubs. And why he believes the time to invest in Spanish football is now.

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