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RC Celta Group

Economic, budget and statistical information

Institutional, organizational and statistical information.

RC Celta Group makes it´s institutional, organizational, and planification information public, as well as it´s economic, budget, statistical and INFUT transparency index reports, with the objective of advanzing towards our goal of transparency and comunication with society.

1. Annual Accounts and Audit report as of June 30th, 2020.

Main Magnitudes

The 2019/2020 season was dominated by the health pandemic, the impact of which has been unprecedented in the world in general and in Spain in particular, with hitherto unheard-of falls in GDP and all sectors of the economy being affected, with companies opting to apply temporary collective dismissal proceedings (ERTEs).
Real Club Celta de Vigo, S.A.D. has been able to manage the situation in economic and financial terms, improving the forecast of profits and assuming a social commitment with all employees until the end of the 2019/2020 season without having to apply collective dismissal proceedings. The main figures:

Results
+10

Million euros of net gain

Net Patrimony
+100

Million euros of Net Patrimony

Investments
+135

Million euros in the last 5 years

Income
+107

Millon euros in total income


2. Budget Settlement 2019/2020 season

During the 2019/2020 season, the Real Club Celta de Vigo, S.A.D. society has continuosly worked hard on it´s economic and finantial areas, with the intention of maintaining the positive tendencies of past seasons.


3. Intermediate Finantial Statements as of December 31rst, 2019.

Review Report

The data shown are until December 31rst, 2019.

Total Assets
186,179

Thousand €

Total Net Patrimony
95,816

Thousand €

Result
5,927

Thousand €

Total Income
58,179

Thousand €


4. 2020/2021 Season Budget

Next season´s numbers

Net amount
60

Million euros

Amortization of fixed assets
+18

Million euros

Resultados por traspaso jugadores
+7

Million euros

Gastos de personal
+42

Million euros

Other Export Costs
+9

Million euros


5. Other indicators 2019/2020 season

Countable Information 

1

Date of deposit in the Comercial Registry of the last Anual Accounts

he annual accounts for the 2019/2020 season will be deposited in the Commercial Register of Pontevedra within one month of the approval of the annual accounts ( 18 December 2020)

 

The Annual accounts of the 2018/2019 season, were deposited In the Commercial Register of Pontevedra on December 26, 2019.


2

Date in wich de Anual Accounts were handed over to the Superior Council of Sport

The annual accounts for the 2019/2020 season will be sent to the Superior Cuncil of Sport before the deposit of the annual accounts in the Commercial Register of Pontevedra.

 

The Annual Accounts of the 2018/2019 season, were handed over to the Superior Cuncil of Sport on November 22, 2019.


3

Date in wich the Anual Accounts and other mandatory economic - financial information, were sent to the Professional Foptball League´s Office

This information was sent on November 13, 2020.
  • Agreed Procedure report on the Debt with Clubs as of June 30, 2020.
  • Agreed Procedure report on the Debt with Employees as of June 30, 2020.
  • Agreed Procedure report on the Debt with Public Administrations as of June 30, 2020.
  • Agreed Procedure report for Quantifying the effect of COVID-19.
  • Agreed Procedure report on the breakeven point indicators as of June 30, 2020.
  • Agreed Procedure report on the expenses associated with the first team as of June 30, 2020.
  • Agreed Procedure report on the Net debt ratio in relation to relevant incomes as of June 30, 2020.
  • Agreed Procedure report on the MN23 normailized model (Anex VI) as of June 30, 2020,
  • Agreed Procedure report on the MN23 normailized model (Anex VI) of 2020/2021 season after the close of the summer market ( October 6, 2020).
  • Agreed Procedure report on the season ticket and ticketing earnings for the 2019/2020 season.
  • Agreed Procedure report on the MN102 normailized model publicity income for the 2020/2021 season.

4

Breakeven Point

As stated by te Economic Control Regulation stipulated by the National Profesional Football League – LNFP (Difference between relevant income and relevant expenses in a season) and the indicators that conform it (Art 12 LNFP).

 

See the Agreed Procedure report on breakeven point indicators.



Economic & Financial

1

Financial Autonomy Indicator

The followwing graphic shows the indicator´s progression throughout the last 5 seasons.

2

Total Compesation Indicator

First team/clubs total budget.


4

Total invested in players

Of the first team/ Last season´s relevant income.

Income & Expenses Information

1

Relevant Income Breakdown (Annex I.7 RLFP).

Relevant income detail  as of 06/30/2020. It matches the breakdown shown in section A of the Breakeven Point Calculus.


2

Relevant Expenses Detail (Annex I.8 RLFP).

Relevant Expenses Detail as of 06/30/2020 matches the breakdown shown in section B of the Breakeven Point Calculus.


3

Expenses Associated with the First Team Detail (annex. 12 RLFP)

The graphic shows the expenses associated with the first team ratio.

See the Agreed Procedure Report on the expenses associated with the First Team.


6. Contracts and Agreements with Public Administration

List of agreements and contracts

On October 22, 2019, a sponsorship contract is signed with Fundación Deporte Galego, with the objective of fighting against gender violence in sports venues and spaces by promoting prevention and sensivilizing parts of society, for a total amount of  60.000 euros.

On June 17, 2019, we singed an exclusive rights deal with Corporación Radio e Televisión de Galicia, S.A., selling the Celta B matches for the 2019/2020 season of the Segunda División B, including games in regular season and promotion playoffs. This contract was signed for a total amount of  60.000 euros, if the team finishes in the top eight of the table, the income will grow 3,000 euros, and if they make the promotion playoffs, it will grow 7,000 euros.

On August 08, 2019, a rights contract was singed Corporación Radio e Televisión de Galicia, S.A., regarding the matches in the XXIV edition of the Memorial Quinocho. The value of this contract is 10.000 euros.

RC Celta has the following singed agreements with public entities or under public control:

  • Administrative Concession of the  Municipal Facilities regarding Abanca Balaídos Stadium,  Barreiro and the Ciudad Deportiva de A Madroa, singed on January 30, 2019 and is valid until the 16th of May, 2034.

7. Subventions & Public economic reliefs

  • In the 2019/2020 season, the company processed operating subsidies worth 884,425.75 euros, obtaining an amount of 569,046.93 euros (in the 2018/2019 season the figure was 159,881.09 euros), with the following breakdown:
    • 370,358.30 euros in a subsidy from the Spanish Football Federation under the academy with values programme,
    • 192,727.90 euros in subsidies from the Professional Football League as aid for corrective/evolutive maintenance, as well as preventative maintenance of sports facilities, and
    • 5,960.73 euros correspond to the subsidy from the Xunta de Galicia for the development of sports activitie
  • RCCelta has recieved help to develop energetic savings and efficiency proyects in the services sector, cofinanced by European Fund of Regional Developement, within the “Programa Operativo Feder Galicia 2014-2020,” refered by the  substitution of the illumination system of Abanca Balaidos Stadium, the investment totaled 542.551,50 euros and the help recieved totaled 44.865,86 euros.
  • RCCelta was granted a total of 6.101,68 euros handed over by the Xunta de Galicia, during the 2018/2019 season.
  • RCCelta did not recieve any public subsidy in the 2017/2018 season.
  • RCCelta was granted a total of 5.531,14 euros by the Secretaria Xeral para o Deporte, in the 2016/2017 season.

8. Sponsors & Suppliers

Most Relevant Suppliers/Creditors

Without considering the acquisition of players (sports entities and brokerage agencies), the relationship of the five most relevant suppliers/creditors of the company, throughout the 2019/2020 season, are:

san-jose-constructora
Logotipo Adidas
ACS España Servicios de Charter Aereo logotipo

9. Cuality Policy

The importance of cuality

Grupo RC Celta is aware of the importance of cuality when satisfying the needs of it´s users and others, it looks to aprove a cuality policy that overseas the Venue Management Services and the safety in all activities, as well as the correct maitenance & conservation of theese venues; within an efective and eficiant Cuality Management System.

General Guidelines

  • Achieve societies recognition in the national football sector when it comes to maitenance and conservation of facilities, as well as phisical safety manegement.
  • Be a national nevel standard when it comes to maitenance and conservation of facilities, as well as phisical safety manegement.
  • Achieve total satisfaction from our clients, providing them with services and products in line with their needs, requirements, expectatives, and other established specifics.
  • Achieve total satisfaction of employees, buiding the ideal work conditions for their developement.
  • Implementation of daily emprovement as a code of conduct.
  • Give enough resources necesary for their logo.
  • Excede our clients expectations in costumer service.

10. Financial benefits thanks to collaborating with the foundation

Helps, donations & deductible contributions.

Personal Income Tax Payers: lncome tax payers will have the right to deduct from the total amount to pay, the result of applying a series of donations and contributions with a deduction right endrán (base deduction). See the documentation for more information.


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Certifications

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Acknowledgments

In Grupo RC Celta, we work under the premise of business excelence, and, in the last few years, we have received plenty of important acknowledgments that validate our great business management.
Our acknowledgments