Deloitte: Europe’s top clubs lose 1.1 billion euros over pandemic

Berlin, Jan. 26, (dpa/GNA) – Europe’s 20 leading clubs have lost 1.1 billion euros (1.3 billion dollars) in the 2019-20 season owing to the coronavirus pandemic, according to the latest Football Money League Report from consultants Deloitte.

The report published Tuesday said that the overall figure could rise to 2 billion euros by the end of the current season, owing to effectively no matchday income and less broadcast rights earnings.

Barcelona still lead the way with 715.1 million euros but their 15 per cent loss of revenue, 125.7 million euros, compared to 2018-19 was higher than the overall 12 per cent drop from 9.3 to 8.2 billion euros, and the second highest overall drop.

Spanish rivals Real Madrid are close behind on 714.9 million euros, down 42.4 million euros. Champions League title holders Bayern Munich moved into third with 634.1 million euros, 26 million euros less.

Manchester United dropped behind Bayern into fourth with the highest loss of revenue, down 131.1 million euros to 580.4 million euros.

Deloitte said that the overall 1.1 billion euros decrease comes from a 23 per cent (937 million euros) drop in broadcast revenue, 17 per cent (257 million euros) less matchday income and only 3 per cent (105 million euros) increase in commercial revenue.

Russia’s Zenit St Petersburg in 15th are the only top 20 club from outside the top five leagues of England, Spain, Germany, Italy and France, and Germany’s Eintracht Frankfurt are in the top 20 for the first time, in 20th.
GNA