Betis to announce record budget

Real Betis are set to present a budget which could rise as high as €100m in November’s Annual General Meeting, according to reports.

The Seville-based club are reported by Marca to have generated record profits in the past twelve months due to a series of factors included increased TV rights, ticket income and player sales.

The reports indicate they are owed €48.5m in TV rights whilst their record number of ticket sales – over 51,000 – has earned a cool €9m alongside a further €4m in additional ticket revenue.

Marketing deals are said to account for €7.5m while they are also confident of securing a new shirt sponsorship deal which should see this figure rise significantly.

There are also a number of payments the club are waiting to receive, such as a future €11m windfall from German Pezzella’s move to Fiorentina.

The AGM will reveal all details on 23rd November, with Betis making a strong start to the season with six wins from their opening ten games in all competitons.

La Liga - Club News