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Updated November 7th, 2020 at 14:29 IST

LaLiga chief Tebas earned €3.44m in salaries, bonuses the previous season despite lockdown

LaLiga chief Javier Tebas pocketed a massive amount factored at €3.44 million including bonuses the previous season despite the coronavirus pandemic.

Reported by: Minaam Ansari
LaLiga chief
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The coronavirus spread and the resultant knockdown had a detrimental impact on the footballing world, with almost every club accruing hefty financial losses during the previous season and LaLiga clubs are no exceptions. But, a startling report has claimed that LaLiga chief Javier Tebas earned a massive amount in salaries and bonuses amid the coronavirus lockdown. 

Also Read | LaLiga chief Javier Tebas backs Valencia owner Peter Lim, highlights xenophobia in Spain

Javier Tebas salary, estimated at €2.1m with bonuses amounting to €1.33m

According to a report by El Confidencial, Tebas' earnings did not suffer any major hit despite the coronavirus-induced lockdown. The controversial LaLiga chief earned a fixed salary estimated at €2.1 million. Besides, he also pocketed €1.33 million in various bonuses at a time when footballers were undertaking pay cuts. 

The Spanish top competition was brought to an abrupt halt for a period spanning more than 100 days, beginning March. Almost every club were forced to lower their salaries, with the likes of Real Madrid and Barcelona also agreeing to pay cuts to help the clubs during struggling times. 

Also Read | Real Madrid chief Perez to be blamed for Bartomeu's Super League announcement, says Tebas

Javier Tebas net worth estimated between €1-5 million?

Interestingly, the figure of €3.44 million sees a 36 per cent surge in the Javier Tebas salary, as compared to the previous remuneration. Besides, the salary hike could be comprehended to the television contract agreement with Telefonica and Mediapro. The LaLiga chief also paid a loan amounting to €1.8 million that he took from LFP. 

Tebas was appointed the LaLiga chief in 2013. Ironically, his salary stood at a mere €348,123 seven years back. Besides, the remuneration across LaLiga's top management has shot up by a massive figure of €6.21 million. The report suggests a 30 per cent increase from the €4.83 million worth remuneration the previous season. Although no accurate figures are put out, Celebs Age Wiki estimate the Javier Tebas net worth between €1 to €5 million.

Also Read | LaLiga chief says Neymar, Ronaldo aren't 'essential elements' like 'heritage' Lionel Messi

Javier Tebas career brief 

Tebas is a lawyer by profession and has represented numerous football clubs in his legal career. The 58-year-old also played a key role in the establishment of a new law firm that specialised in the world of sports. Since his appointment in 2013, LaLiga has reported a reduced debt to the treasury, while the league's revenue has also shot up significantly. 

Also Read | Real Madrid to break contract code for extending Ramos' contract and avoid free transfer?

Image courtesy: LaLiga.com

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Published November 7th, 2020 at 14:29 IST

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