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FEF maintains the same distribution of TV rights
Posted On 28 Dec 2017
Ecuadornews:
The clubs will receive similar percentages to those they had in 2017 until a new distribution formula is designed.
They will be about $ 22 million by 2018. The distribution of television rights money of the 2018 tournament, which would reach $ 22,000,000, will not change, in relation to 2017. This was revealed by José Francisco Cevallos, president of club Barcelona: “It was agreed that the same percentages should be maintained, but there has been a slight increase”.
Cevallos announced that the club will receive $ 2’500,000 in 2018 (approximately), an amount similar to the one it had this year. Juan A. Cuentas, financial vice president of the yellow team, suggested a few weeks ago that the new distribution should give them no less than $ 4 million. It was also known that after six months there would be a new redistribution of this money, but considering another formula. Carlos Villacís, head of the FEF, confirmed that a special commission was created to study the new method for the distribution of monies from television rights. “Galo Sánchez is already working on that commission, there is Rómulo Aguilar and Álex de la Torre, I also integrate it”.
Another value that was revealed in the last week was the one that Deportivo Cuenca will receive: $ 1’180,000, that is 2% more than 2017. The ‘morlacos’ got one of the places to play the Copa Sudamericana in 2018.
Jaime Estrada, Manta FC leader of the B series, confirmed to EL TELÉGRAFO that they do not know the value they will receive in 2018, but he recalled that as a rule, it should increase by 5%, in relation to 2017. The Manabi manager says he will expect that the Congress of January 4 dissipate all the doubts in this subject and that it aspires to that the increase is greater.
Esteban Paz, senior leader of Liga de Quito, questioned the way in which the money was distributed in previous years and stressed that the new proposal will be fairer and will consider aspects such as rating and box office. “Today, what is involved is that the distribution of surpluses that we are going to have, which we hope will be important in the future, be fair.
In addition, find appropriate methodologies that benefit everyone. “Jorge Salazar, director of Macará club that won the Copa Libertadores classification for the first time in its history, suggests that the distribution of TV rights monies should be fairer and closer to the reality of local football and budgets of the first category equipment. “They have to narrow the distances of clubs in Ecuadorian football and that there may be a distribution according to the reality that we live the teams, especially those in the province”
Amounts for the clubs
This year, GolTV, the company that owns the TV rights, will give $ 22,000,000 to the Ecuadorian Soccer Federation (FEF) to be distributed to the 24 teams in the first category and to the provincial associations. To that amount will be added 75% of the surplus that the company has for the sale of advertising. Carlos Villacís, president of the FEF, assured last June that during 2018 GolTV guarantees about $ 30 million in total. But those amounts are not the only thing that GolTV will contribute to national soccer.
It will also provide modern buses for the mobilization of the training divisions and will provide logistical advice. According to the budget approved by the Ecuadorian soccer Congress last January, the FEF would receive $ 20,177,404 for the rights of 2017, that is, $ 2 million less than what is estimated for 2018.
Casal put together his fortune for soccer business
Francisco ‘Paco’ Casal, the main shareholder of the GolTV company, owner of the TV rights of the Ecuadorian tournament, built his fortune thanks to soccer.
In 1980, after leaving the career of professional soccer player, he started as a player representative, and in a few years he managed the most important players in his country.
In 1998 he entered the field of sports broadcasts with the creation of Tenfield. It was this business that catapulted him definitively to erect his current fortune, which surpasses, according to the same businessman, the $ 500 million.
He defines himself as the “richest man in Uruguay” by acquiring the rights to broadcast the tournaments of 4 South American leagues. For 2002 he created GolTV in the United States with the intention of reaching football in that country.
Three years later he opened the company in Latin America. But his life has not only been successes. In 2009 he faced a complaint in his country for the crime of tax fraud. And in the last weeks his name appeared in the hearings for the case of FIFAGate, but without a direct accusation. (I)
