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LaLiga clubs report €77m net profit in 2019-20, hefty loss predicted in 2020-21

LaLiga president Javier Tebas (Photo by Mairo Cinquetti/NurPhoto via Getty Images)

A decline of matchday income brought on by the onset of the Covid-19 pandemic has led to a 65-per-cent decline in profits for clubs in Spain’s top-flight La Liga Santander and second-tier La Liga Smart B…