Barca, Real and Bayern Top Money Leagues Covid Starts Declining Club Revenue – Soccer Sports

David Owen

January 26 – According to the latest football money league produced by professional services company Deloitte, revenues of the top 20 European clubs fell 12% in 2019-20 as Covid began to disrupt the industry.

According to a new analysis, total revenues amounted to only € 8.2 billion, compared to € 9.3 billion in 2018-19. Most of this decline was due to a € 937 million reduction in broadcast revenue. This was complemented by a € 257 million decline in Matchday revenues, but offset by a € 105 million improvement in commercial revenues.

Deloitte currently predicts that the top 20 clubs will have missed more than € 2 billion in revenue by the end of the season. Dan Jones, a partner in the company’s sports business group, said: “The full economic impact of covid-19 may not be realized in the coming years, and existing and potential broadcast and commercial partners should consider investing in sports.”

This annual exercise only looks at top-line performance, giving a limited overview of the financial impact of a pandemic. Even in the major European leagues, most top division clubs appear to make significant losses in 2019-20. Some of them already have.

The crisis also cast doubt on the club’s ability to overcome current difficulties and raise funds, and therefore fear of FIFA and UEFA that a multi-billion dollar football tournament business would be nearly inevitable. It was confused by such a huge thing that brought new life to the idea of ​​the European Super League.

The new Deloitte rankings do not destroy the unruly elite concept formed at the pinnacle of club games. The top 14 clubs are the same as last season, but with slightly adjusted rankings.

There is a gap of over 50 million euros before 15th-Ranked clubs. This is Russia’s FC Zenit, which has risen from 28th place. However, as explained in small print, the rise in Zenit is partly due to anomalies at the end of the fiscal year at the end of December. This meant that, unlike other clubs that use May or June financial reporting dates, revenue for the purposes of this exercise is “substantially unaffected by a pandemic.”

Everton was the only other club to increase revenues compared to 2018-19, according to Deloitte. This is in line with former Arsenal investor Alisher Usmanov appearing to be increasingly interested in the work of Merseyside Club. The club seems to be buying the way to the Premier League elite. There is a new stadium project offshore, with pre-tax losses of over £ 100m each in the last two seasons.

Source: Deloitte

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– Soccer Sports

Barca, Real and Bayern Top Money Leagues Covid Starts Declining Club Revenue Barca, Real and Bayern Top Money Leagues Covid Starts Declining Club Revenue

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