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‘Two Different Realities’ - Is Javier Tebas right about the gap between La Liga and the Premier League?

Javier Tebas says England and Spain live in different football realities. A closer look at the money, choices and consequences behind the Premier League and La Liga divide.

Daniel Echoda
Daniel Echoda
20/02/2026
5 min read

Javier Tebas, La Liga president, has spent most of the last decade warning that the Premier League is heading for a crash. He attacks English clubs for what he calls ‘financial doping,’ lobbies UEFA to tighten financial rules, but none of that seems to have work.

If anything, it probably explains why Spanish football should not be held against English football by any means.

“England is a country with 70 million inhabitants,” he said in a recent interview, “with a per capita income 30 per cent higher than Spain’s, with a much higher penetration of pay television. They are two different realities.”

On the narrow facts, he has a point. The Premier League’s current broadcast cycle is worth more than £12 billion over four years, pulling in roughly £3.84 billion per season. La Liga, after securing what Tebas described as a record domestic rights deal in late 2025, brings in around €6.1 billion across its entire new cycle.

To better put that into perspective, Southampton, who were relegated from the English top flight last season, collected £109 million in broadcast revenue alone, more than Real Betis earned for finishing tenth in Spain.

The financial gap is not a matter of perception. And Tebas is right to point at its roots.

But the argument he is making is not really about economics. What the Spaniard wants, when he reaches for population figures and pay-TV penetration rates, is permission to stop being measured against England.

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Premier League clubs spent $3.19 billion in the summer 2025 transfer window
Premier League clubs spent $3.19 billion in the summer 2025 transfer window

Reports indicate that La Liga generated €3.8 billion in club revenue in 2023-24. The Bundesliga, the comparison Tebas himself tends to prefer, generated almost exactly the same.

Germany has a larger economy than Spain, a higher GDP per capita and a stronger domestic media market. And yet the number from the two leagues is largely the same. So geography only goes so far.

At some point, decisions made in the league start to matter as much as anything on a map.

Tebas has long resisted the model that lets owners pour money in freely. This is understood to protect Barcelona, Real Madrid and Athletic Club, the three member-owned giants who have no equivalent safety net. That is a defense of some sorts. But it means La Liga has chosen a particular path, and that path has consequences.

ESPN reports that Premier League clubs spent $3.19 billion in the summer 2025 transfer window, more than Spain, Italy, France and Germany combined. La Liga’s net spend that same window was €28 million. The only reality that is different here is the ambition in each league.

Another part the La Liga president never quite addresses is what happens on the pitch. Real Madrid won five Champions League titles in the era spanning 2014 to 2024. Barcelona won two titles in that decade. Atletico Madrid reached two finals in that same period.

By the standard that most people use, European performance, Spanish football is not a league that is failing. It has simply become a competition where the top two or three clubs are in a separate economy from the rest, while the rest fall behind both them and their Premier League equals.

Clubs like Getafe, Girona, Las Palmas, Valladolid are not competing with Brentford or Fulham in any meaningful financial sense.

In La Liga, the gap between the protected giants and everyone below them is a story Tebas is far less interested in telling. He prefers the external comparison, which lets him frame the Spanish league as a victim of English excess rather than a system that has made choices with its own set of winners and losers.

Then there is the question of what the league looks like to watch from the outside. The Premier League’s global reach is not just about the money. Its competitive spread means that on any given weekend, games with genuine stakes are scattered across the table.

In Spain, once Madrid and Barcelona are accounted for, the title race has been a two-horse contest for the better part of two decades. Even Tebas, when pushed, tends to agree that the league needs more balance. He just never really explains how the current model produces it.

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