Real Madrid Reduces Copyright Payments To Its Players And Public Figures

Real Madrid reduces copyright payments to its players and public figures

The form of monetary collection in sporting question that collects the most, (or so has been in recent years) is that of the so -called "image rights". The situation that has happened with Real Madrid since 2014 is that the percentages per contract given to the players for the income generated within the club or under their name have been reduced in a huge amount. In real numbers, we can see that there has been a reduction of payments in the Basketball Club of 27.5 million euros by its image in 2014-2015, a figure that in 2017-2018 became 5.6 millions.

This since the Tax Agency has made the collection of a part of the amount that corresponds to the players has lost a lot of their fiscal appeal. It now allows athletes to charge 15% of their payroll of image rights through a specific institutional team. What should be paid reached no more than 21% per VAT, and not charges of more than 40%, which meant income as IRPF work. The situation changed in 2014.

First, the fact of companies that only charged this income was put under study and observation. The exact problem is that there is no objective calculation that can clearly explain the value of industry or market of these records. The part associated with the collection of image rights forces to pay the IRPF the new amounts already associated, studied and established.

The club was affected so that, as we already said, the joint price of all the players was in contract attached to those of the partners and operations formed as “public figures” already established.

The fact that this payment was noticed as a remuneration subject to changes and, somewhat "extra", assumes that players do not suffer changes in their initial salary, but they charge almost entirely for work performance. At the same time, the spending on the payrolls of the generation for the same image rights has exceeded 45% compared to the 2014-2015 season until the 2017-2018 season.

To moral and extralegal consideration is the fact of the actions taken and reduction of the joint payment of the players taking into account that they have had the same job and the same generation of income for clean work. Management is complicated.