Key Takeaways:
- La Liga have agreed a five-year broadcast deal totalling €5.25 billion with Movistar+ and DAZN for 2027-2032, up 6% from the prior cycle
- The full package, including additional service provider rights and free-to-air content, will generate €6.135 billion in revenue for Spanish football
- Despite this growth, the value per season remains €550 million behind the Premier League’s latest TV rights contract
Major TV Rights Expansion Secured for Spanish Football
La Liga have finalised a landmark television broadcasting agreement worth €5.25 billion for the 2027 to 2032 period, continuing their long-standing partnership with Movistar+ and DAZN. The pact will ensure both broadcasters retain exclusive rights to Liga matches, with each channel carrying five fixtures per matchday. The deal, which represents a 6% increase on the current €4.95 billion deal running until 2027, was ratified by all clubs in Spain’s top two divisions, except for Real Madrid, who cast the sole vote against. Atlético Madrid have publicly welcomed the announcement.
📊 LALIGA superará los 6.135M€ en ingresos audiovisuales domésticos en el ciclo 2027/28–2031/32, un 9% más que el periodo anterior.
📺 Telefónica y DAZN renovarán con 5 partidos por jornada consolidándose como socios estratégicos.
💼 Crecimiento en todas las categorías:… pic.twitter.com/WX2gVKb752
— Javier Tebas Medrano (@Tebasjavier) November 28, 2025
Full Financial Package Surpasses €6 Billion
Supplementing the main broadcast agreement, the overall rights package for Spanish professional football will soar to €6.135 billion over five years. This figure comprises an additional €650 million intended for service sector providers, €60 million allocated to free-to-air broadcasts and highlights, and €175 million designated for the Segunda. According to La Liga President Javier Tebas, this represents a 9% uplift from the previous cycle, solidifying both financial stability and future prospects for the league and its clubs.
Javier Tebas stated in a press release: “In a complex national and international context, securing overall growth of 9%, which represents more than €500m more than the previous cycle, is excellent news for the economic sustainability of our clubs and for the future of Spanish professional football, which will obtain revenue from domestic rights exceeding €6.135b.” He further emphasised La Liga’s resistance to value decline and the ongoing investments against piracy and in audio-visual quality as key drivers of confidence among broadcasters.
Global Context and Comparison with European Leaders
Even with record growth, La Liga remain well behind the Premier League in broadcast revenues. The English top flight will realise €1.6 billion per season from their TV deal running through 2025-2028, a 35% or €550 million lead over Spain’s new arrangement. German Bundesliga clubs are set to take in €1.346 billion annually, outpacing La Liga by €296 million or 22%. While Serie A’s current deal totals €4.5 billion, equating to €900 million per season, this is €150 million lower than La Liga’s new annual average. By contrast, Ligue 1’s clubs face significantly reduced earnings, with a reported €80.5 million to be distributed this season following the dissolution of their broadcasting agreement.
Distribution and Viewing Impact
Both Movistar+ and DAZN will continue to split Liga matchdays evenly, allocating five fixtures each. This arrangement is likely to maintain, if not increase, the already high cost of following every league match live, a unique feature among Europe’s major leagues. Despite these challenges, the increased revenue is set to provide much needed financial support and sustainability for Spanish clubs going forward.
