The British Broadcasting Corporation (BBC) conducts an annual "Price of Football" study. The 2013 version suggested that an \(11 \%\) increase in the price of football tickets resulted in a drop of about \(5 \%\) in average annual attendance at matches. Based on these percentages, what is the price elasticity of demand for British football? In percentage terms, by how much did the spending of fans, which equals the revenue (price times quantity) of the clubs in the Football League, change?