Josep Maria Bartomeu has told Harvard Business School students that his club and their big rivals Real Madrid are sacrificing some TV money so that La Liga can be more competitive overall.

Barcelona and Real Madrid receive €140 million each, almost half of the total amount available.

"We have frozen the amount we make from television," Bartomeu said. "It is something that has never happened in the past. The Premier League is very competitive and that's good for the fans so it's good for business. In Spain, in the next three or four years we will start to see other clubs getting stronger [because of increased television revenue]. It's not immediately good for our club but it helps La Liga compete with the Premier League and that will be good for us in the long term."