Wealthy get richer as Spanish Tremendous Cup opens with a Barca win

January 9 – The Spanish Tremendous Cup, being performed in Jeddah, Saudi Arabia, opened with a 2-0 win for Barcelona over Athletic Membership with objectives by Gavi and Lamine Yamal, in opposition to a backdrop of protests in opposition to the unequal distribution of event income to golf equipment.

Estimates put Saudi Arabian cash for the event at €40 million. The participation charges paid to the 4 golf equipment competing present huge variations.

Actual Madrid and FC Barcelona are understood to obtain between €5-6 million every whereas the remainder of the groups are valued on a sliding scale that sees the bottom valuation begin at €750,000.

The calculation is predicated on sporting outcomes, tv audiences and the perceived worth the golf equipment deliver to the event.

On Monday, Jon Uriarte, president of Athletic Membership, mentioned: “We’re hopeful {that a} fairer system (of distribution) might be achieved.” The Basques will obtain a minimal of €1.5 million, 4% of the €40 million Saudi Arabia pays to the RFEF.

In addition to a participation price, there’s €6.6 million in prize cash with the winner receiving € 2 million, the dropping finalist €1 million and every of the semi-finalists €800,000.

Final yr Actual Madrid took €7.5 million from the event and Barcelona €5.3 million. Of the €40 million Saudi pay, simply over half goes to the golf equipment with the rest being snaffled by the RFEF.

This isn’t the primary time the ‘smaller’ golf equipment have complained concerning the unequal income distribution with each Valencia, Actual Betis and Osasuna having voiced concern concerning the equity previously.

Final yr Atlético Madrid obtained €2.3 million as their participation price.

However it’s not only a image of huge membership and federation greed. Madrid and Barcelona will give €200,000 every from their pot to RCD Mallorca and Athletic Membership to assist with journey bills, This can enhance their participation earnings to a minimal of €1.3 million and €2 million. It’s straightforward to be seen to be beneficiant with what for Actual and Barca is only a little bit of chump change.

That is the fifth time the Tremendous Cup has been performed in Saudi Arabia. A run within the nation that has solely been interrupted as soon as when it was performed in Spain in the course of the covid pandemic. The Tremendous Cup will stay in Saudi till 2029. And the cash will probably stay in bulk with Actual Madrid, Barcelona and the RFEF.

Actual Madrid start their quest for extra gold in opposition to Mallorca tonight.

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