Arab Today, arab today spain\s pp would seek accord on tv cash sharing
Last Updated : GMT 22:19:42
Arab Today, arab today
Arab Today, arab today

Spain\'s PP would seek accord on TV cash sharing

Arab Today, arab today

Arab Today, arab today Spain\'s PP would seek accord on TV cash sharing

Madrid - Arabstoday

Spain\'s centre-right People\'s Party (PP) plans to push Real Madrid and Barcelona to find consensus with their La Liga rivals on a more equitable distribution of income from television rights, according to PP policymaker Miriam Blasco.Polls suggest the PP is heading for an election victory over the ruling Socialists on Sunday and Blasco, an Olympic gold medallist in judo and PP sports policy spokesperson in the Senate since 2000, told Reuters it was vital the less wealthy clubs had a fair slice of the TV pie.\"You have to support the small teams as well, because it\'s true that the Spanish league would not exist if it was not working for all the clubs,\" Blasco, a candidate to become Spain\'s top sports official after the election, said in an interview.\"It\'s also true that Real Madrid and Barcelona sell much more than any other club so I agree that they should get the biggest share,\" added the 47-year-old, who is standing for the lower house in the city of Alicante.\"But I believe that the other clubs should get what they deserve because their current revenues are much smaller.\"Under the current system, Real and Barca, the world\'s richest clubs by revenue, negotiate their own deals with media firms and between them take half the annual pot of around 600 million euros ($818 million).Barca earned almost 180 million euros from TV contracts in the 2009/10 season, including non-Spanish deals, with Real reaping just under 160 million, according to the latest Deloitte Football Money League published in February.A study last year by Sport+Markt, a consulting firm, showed the pair earned almost 19 times more from TV than the smallest clubs in Spain\'s top division, by far the biggest gap in the major European leagues.The richest clubs in the English Premier League, which has a system of collective bargaining and income sharing, earned about 1.7 times more than their smaller rivals.

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