News, Reviews, Headlines for the world of Tennis (tennis news)
 | Javier Tebas: The Premier League is financially unstable, all its clubs are losing money. Only La Liga and Bundesliga are stable, we can compete with England without any problems2-07-2024 |
The head of La Liga, Javier Tebas, assessed the financial state of the Premier League.
The Premier League is not a financially sustainable competition. The owners are pouring a lot of money into it, and this is negatively affecting the market.
What worries me is that all the Premier League clubs are losing money, there is no sustainability there. In Europe, only La Liga and the Bundesliga are sustainable.
Real Madrid, Barcelona and Juventus know that the Premier League clubs are not going to join their project, and therefore they present the Premier League as a version of the Super League, for which it is necessary to create a counterweight.
We will be able to compete with the Premier League without any problems. I don`t care if the 15th Premier League team buys a Spanish international. She does this at a loss, while in Spain it is prohibited to suffer losses for a long time, ” Tebas said.