Minimum Capital Requirement for Women's Football SADs Raised to Nearly €415,000
CSD raises minimum capital for Liga F women's football SADs to €414,941.40, highlighting financial disparities in the sport.
Key Points
- • CSD has increased minimum capital requirement to €414,941.40 for women's football SADs.
- • This represents a €65,000 increase from last season's €349,437.07.
- • Men's football SAD minimum capital is €5,253,851.81, highlighting financial disparities.
- • The new rule is part of the updated Sports Law, effective since late 2022.
In a significant regulatory update, the Consejo Superior de Deportes (CSD) has announced an increase in the minimum social capital necessary for clubs in Spain's Liga F to register as Sociedades Anónimas Deportivas (SADs). The amount has been set at €414,941.40, marking a substantial rise of €65,000 from last season's threshold of €349,437.07.
This adjustment is part of the new Sports Law implemented in late 2022, which outlines that while clubs can opt not to transition to SADs, those that choose to do so must meet this new financial criterion. This minimum capital requirement is calculated as 15% of the average expenses incurred by participating clubs, reinforcing the financial expectations placed on these teams.
The increase highlights the ongoing financial disparity between women's and men's football in Spain, with the men's professional football minimum set at a striking €5,253,851.81. This stark contrast underscores the challenges that women's football clubs face in securing sufficient funding and attracting investment, despite a backdrop of growing interest and sponsorship in the sport.
The timing of this announcement is particularly crucial as women's football in Spain is experiencing a transformative phase, marked by rising viewership and increasing sponsorship deals, including partnerships with major brands such as Moeve and Volkswagen. However, complications have emerged regarding match broadcasting rights, with reports indicating that the contract between Liga F and DAZN has concluded, leaving uncertainties surrounding future match viewership.
As women's football continues its upward trajectory, the new regulation on minimum capital presents both an opportunity for growth and a challenge in bridging the financial gap with men's football. Stakeholders are keen to see how clubs will respond to these new requirements and what impact they will have on the overall development of the women’s game in Spain.