22 June 2020 - 6:34 PM
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.
Interview: Ex RCD Mallorca chief on why now is the time to invest in Spanish football
- 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.
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