How do La Liga soccer clubs account for the value of their stadiums and sports cities in their financial statements?

Abstract

This work consists of analyzing the stadiums of La Liga. The main objective is to answer the key question of the work about how they are accounted for. Through the annual accounts of the first- division clubs of La Liga, the ownership of the stadium and how they appear on the Balance Sheet. With the help of the notes in the report, joint information on the stadiums will be obtained and I will make some accounting entries. After this procedure, I will be able to provide relevant and noteworthy information about the first-division clubs. I will add current conflicting issues of some clubs concerning their stadiums, either on legal or economic problems. Finally, the conclusions obtained are based on the analysis carried out, proposing recommendations for the clubs. The project is about football stadiums and their impact on the annual accounts which, thanks to my current auditing practices at EY, have allowed me to interpret the statements better.