The European football market recorded a total drop in revenue in the amount of 3,7 billion euros, or 13 percent, in the 2019/20 season, which is the first drop in revenue since the global financial crisis of 2008/09, the Deloitte company announced today. ).
In the annual report on football finances, the company explains that when it comes to the "five leagues" (England, Italy, Germany, Spain and France), the income is 15,1 billion euros, or 11 percent less than in the previous year.
The revenues of English Premier League clubs fell by 13 percent, from a record 5,8 billion euros in the 2018/19 season to 5,1 billion euros in the 2019/20 season.
Deloitte explains that this is the first drop in total revenue in Premier League history and the lowest total revenue since the 2015/16 season.
With an income of 3,2 billion euros, the German Bundesliga achieved the smallest decrease in income, i.e. four percent, while the Spanish league with an income of 3,1 billion is right behind them.
Italy's Serie A generated revenues of 2,1 billion euros, a drop of 18 percent, while France's First League, which canceled its season due to measures to combat the coronavirus pandemic, generated revenues of 1,6 billion euros, i.e. a drop of 16 percent.
Dan Jones from the Sports Business Analysis Department of the company "Diloit" explained that he will know in a few years what financial consequences the coronavirus pandemic has had on football in Europe.
As he added, they are already "becoming aware of the extent of the financial impact of the pandemic on European clubs".
"It should be noted that although it is now 16 months since the start of the pandemic in Europe, the analysis in this report is focused on the 2019/20 financial year and therefore in most cases refers to the three months of the impact of the pandemic. The temporary suspension of the leagues led to the difference in terms of the end of the season and the standard financial reporting periods in England, Spain and Italy," Jones said.
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