Spain

Spanish LaLiga football club Barcelona has exceeded the €700m ($834.3m) revenue mark for the first time and has said it expects to become the world’s top earning sports club for the current 2017-18 season.

Spanish LaLiga football club Valencia has opted to resume work on its Nuevo Mestalla stadium project.

LaLiga has reached out to its global network of broadcast partners to gain as much knowledge as possible in order to step up the fight against audiovisual piracy.

LaLiga has positioned itself on the cutting edge of the fight against audiovisual piracy, with a finely-tuned strategy that aims to clamp down on violations through detection, prevention and education.

Member clubs of the Liga ACB, the top division of Spanish basketball, have reached an agreement on reform plans that will see the league reduced to 16 teams by the 2019-20 season.

The International Basketball Federation (Fiba) has announced that Tenerife in Spain will stage the 2018 edition of its Women’s Basketball World Cup.

Atletico Madrid’s new stadium, the Wanda Metropolitano, will host the 2018-19 Uefa Champions League final while Baku’s Olympic Stadium gained the consolation prize of the Europa League final, as European football’s governing body agreed a Memorandum of Understanding with the Association of European Professional Football Leagues (EPFL).

The next edition of the Mediterranean Games is set to proceed as planned in 2018 after a funding agreement for the multi-sport event was reached between the Spanish Sports Council (CSD) and local organisers in the city of Tarragona.

Spanish LaLiga football club Real Madrid has reported an 8.8 per cent rise in its revenues for the 2016-17 season, but saw its net profit drop by 29.4 per cent as a result of greater expenses due to its success on the pitch.

LaLiga and Liga Portugal have signed a Memorandum of Understanding (MoU) designed to further drive the development of Spanish and Portuguese club football, with a particular focus on commercial activity and financial control.

Spanish LaLiga football team Real Madrid has entered into a partnership with Hong Kong-based conglomerate Lai Sun Group, through which a new club-related interactive experience will launch in China.

Movistar has become the latest UCI WorldTour cycling team to launch a women’s outfit, with confirmation that the new squad will debut in 2018.

Javier Tebas, the president of LaLiga, which operates the top football division in Spain, has confirmed that the organisation is considering pursuing a plan to stage regular-season matches abroad.

Digital sports media company Perform Group has joined forces with LaLiga, which operates the top two divisions of Spanish football, to launch a new data centre for the body.

Jorge Garbajosa, president of the Spanish Basketball Federation (FEB), has said he will attempt to stop Liga ACB clubs breaking away from the country’s top tier to form a new league.

Liga ACB giants FC Barcelona, Real Madrid, Baskonia and Unicaja have held talks over a potential breakaway from the top tier of Spanish basketball, according to Mundo Deportivo.

Paris Saint-Germain forward Neymar has filed a lawsuit against Barcelona, just two days after the Spanish LaLiga club revealed its own legal action against the Brazilian following his record-breaking move to France’s Ligue 1.

City Football Group (CFG), parent company of English Premier League football club Manchester City, has moved to further expand its portfolio of professional teams by acquiring a major stake Spanish LaLiga side Girona.