LaLiga clubs' short-term bank loans up €370 million since outbreak of pandemic

A massive debt pileup by Barcelona and Real Madrid have driven a rise in LaLiga clubs' short-term financial debt by a combined €370.3 million from 18/19 to 19/20.

Sports Business Institute lecturer describes the situation as "worrying" with normalisation of revenues some way off.

However, LaLiga's director of economic control says cost reductions and financial flexibility across the board ensure clubs can continue to sustain operations.

Transfer spending has been significantly reduced as a direct result of the league's financial regulations, with LaLiga playing an active role in helping clubs find financing solutions.