Borja Iglesias: Owns 50% of a flat and earns €3 million, according to a forum

A forum claims Borja Iglesias earns €3 million a year and he states he can't afford a Madrid flat, owning only half of one.

English · Original discussion in Spanish · Published

Borja Iglesias: Owns 50% of a flat and earns €3 million, according to a forum
Forum claims he earns €3 million and owns 50% of a Madrid flat

A top-division footballer, whom a forum post attributes an annual salary of €3 million, claims he cannot afford a flat in Madrid. Borja Iglesias, a striker for Celta de Vigo, wrote on his X account: "Buying a flat in Madrid, even if you're a person who earns above average, is more than impossible." He then clarified the missing detail: "I have a flat in Madrid. Specifically, 50% of the flat. The other 50% belongs to María, who lives and works there." The reaction was immediate. Several users didn't believe him. The rich also cry, someone summarized.

How much is attributed to Borja Iglesias?

Calculations circulating place his career earnings far from the average salary. According to these calculations, he debuted in the Second Division with Zaragoza in the 2017-18 season, earning €300,000 gross at most that year. He moved to Espanyol earning close to a million net. Then came the jump to Betis, where he is attributed between €2.5 and €3 million net per season for five seasons, in addition to the €28 million that, according to the same calculations, the Verdiblanco club would have earned from his transfer. After that, Leverkusen and Celta, another couple of million a year. With this breakdown, some argue that his complaint doesn't add up, with one user stating he hasn't earned less than 14 or 15 million net since he started in the First Division.

Buying a flat at 50%: what it means

Iglesias's message simply states he owns 50% and the other half belongs to María, who lives and works in Madrid. For one user, with such accumulated income, a million-euro flat could be bought without breaking a sweat. Others point to posturing, a narrative crafted to please. Someone recalls that even in the 80s and 90s, buying a flat with just one person was very difficult, and it was done with the help of both sets of parents.

Madrid, the market's barometer

Here the conversation gets interesting. One user claims that housing prices in Madrid and Spain are a scam. Another blames investor demand and those moving to the capital for inflating the bubble. Celta, incidentally, according to one comment, has a budget exceeding €100 million with 340 employees and about 43,000 active members. If they pay a striker €3 million, according to that user, they must know something others don't.

The flat belongs to two, but the complaint is from one.

Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (62 replies).

More summaries

All summaries in English →

Back