MADRID: The Spanish league recorded total revenue of €5.69bn for the 2022-23 season as revenues rose 17.8pc compared with the previous campaign and surpassed the €5.07bn from 2019-20.

The LaLiga growth was boosted by record commercial revenues (up 28.6pc), as well as growth in matchday revenue (36.9pc) thanks to record stadium attendances, with clubs recovering from the impact of the COVID-19 pandemic for a second consecutive season.

LaLiga broke the 15 million spectators mark for the first time in Spanish football history, with an average occupancy rate of 72pc in the 2022-23 season.

The financial results also included “extraordinary corporate operations” carried out during the campaign.

COVID restrictions hit ticket sales and player transactions in 2020-21, leading to the Spanish league’s first loss since 2012.

Transfer revenues rose slightly to €679m from €402m a year ago but still well below the €1.12bn in 2019-20.

A record €848m investment on infrastructure included investment by Real Madrid to renovate their iconic Santiago Bernabeu stadium and surroundings.