Javier Tebas salary was increased, here is how much the La Liga president earns including his salary and net worth
The president of La Liga in Spain, Javier Tebas, is one of the highest-paid administrators in football and has recently pushed for a significant wage raise.
Javier Tebas La Liga president new salary, contract details, tenure end date and net worth in 2023
🚨 JUST IN: The clubs of La Liga and Segunda División have approved raising Javier Tebas' salary to €5.4M.
Only Real Madrid and another team, which is unknown, voted against. @JorgeCalabres pic.twitter.com/xz5o5SQvm3
— Madrid Xtra (@MadridXtra) October 24, 2023
According to El Español, most teams in the first and second divisions of Spain voted in favour of increasing Tebas’s yearly salary from €3.36 million to €5.4 million. Meanwhile, he has defended his vision, saying that it is based on fair criteria and that he ought to be paid for his work. In addition, he announced that he would run for the La Liga presidency again.
The president came to office in 2013 and his current term ends in 2024 and Javier Thebes, ensured that his intention is to continue at the head of the patronal in 2024.
Forty Spanish clubs endorsed the Spanish lawyer Tebas’s suggestion as well as the Delegate Commission’s. Two clubs were opposed to it, nevertheless. Among those teams was Real Madrid, who had declared in the open that they would turn it down. The other club is unknown because the vote was secret. Two clubs voted against Tebas’ salary increasement and the identity of the other club is not known, alongside Los Blancos.
El Español reports that the fixed compensation remains at €2.19 million. With the help of quantitative and qualitative factors, he will be able to attain a historic figure even if LaLiga’s turnover is eight times smaller than the average of the presidents of the Ibex enterprises.
The quantitative variables can reach €1.31m and the qualitative variables to reach €1.97m. Following La Liga’s Extraordinary Assembly, this change will be implemented. To put it briefly, that will equate to a 57% rise over his previous pay.
According to Managing Madrid, With his increased pay, Tebas will be earning the same as Barcelona’s head coach Xavi, who is said to make €5 million a year. In addition, he will earn more than FIFA President Gianni Infantino and UEFA President Aleksander Ceferin combined, making him one of the highest-paid executives in world football.
What is Javier Tebas’ net worth?
Javier Tebas’ before the pay raise was $5 Million however, with the salary increase, his net worth will also increase.