Soccer-Packed stadiums boost LaLiga to record financial results

FILE PHOTO: Soccer Football - LaLiga - Espanyol v Atletico Madrid - RCDE Stadium, Cornella de Llobregat, Spain - May 24, 2023 Espanyol fans in the stands before the match REUTERS/Albert Gea

(Reuters) - Spain's LaLiga posted a record total revenue of 5.69 billion euros ($6.07 billion) for the 2022-23 season as revenues rose 17.8% compared to the previous campaign and surpassed the 5.07 billion made in 2019-20, the league said on Monday.

The growth was boosted by record commercial revenues (up 28.6%), as well as growth in matchday revenue (36.9%) thanks to record stadium attendances, with clubs recovering from the impact of the COVID-19 pandemic for a second consecutive season.