• UK
  • World
    • USA
  • Entertainment
    • Celeb
    • Showbiz
    • Magazine
  • Politics
  • Sports
  • Gaming
  • Tech
  • Science
    • Education
  • Insurance
  • Business
  • Auto
  • ToS/Contact
    • ToS
    • Privacy Policy
    • Contact
NewsExplored
  • UK
  • World
    • USA
  • Entertainment
    • Celeb
    • Showbiz
    • Magazine
  • Politics
  • Sports
  • Gaming
  • Tech
  • Science
    • Education
  • Insurance
  • Business
  • Auto
  • ToS/Contact
    • ToS
    • Privacy Policy
    • Contact
  • Facebook

  • Twitter

  • LinkedIn

  • Tumblr

  • RSS

Sports

Deloitte Football Money League: Pandemic set to cost top clubs over £1.7bn

Deloitte Football Money League: Pandemic set to cost top clubs over £1.7bn
Newsexplored
26th January 2021
6
SHARES
ShareTweet
SubscribeRedditGoogleWhatsappStumbleuponPinterestDiggLinkedinTumblrTelegram
Views:
3
Barcelona v Atletico Madrid behind closed doors
Barcelona’s domestic and European games have been played behind closed doors since the pandemic

The coronavirus pandemic will cost Europe’s 20 richest football clubs over £1.7bn by the end of this season.

The Deloitte Football Money League survey found the clubs had already lost around £976m up to the end of the extended 2019-20 season.

Clubs have suffered considerable losses on both broadcast and matchday revenue.

Barcelona generated more money than any other club in Europe, but still had the second-largest revenue fall in absolute terms.

The Catalan club saw a drop from £741.1m to £627.1m but remain narrowly ahead of La Liga rivals Real Madrid, whose revenue fell from £667.5m to £627m.

Bayern Munich (£556.1m), Manchester United (£509m) and Liverpool (£489.9m) make up the top five with Liverpool moving up from seventh last year, replacing Paris St-Germain.

Manchester City, Chelsea, Tottenham Hotspur and Juventus make up the remainder of the top 10.

Eighteen of the 20 clubs retain their places from last year’s survey – with Zenit St Petersburg (15th – £207.4m) and Eintracht Frankfurt (20th – £152.6) replacing AS Roma and West Ham United.

Position Team Revenue £ (2018-19 figure)
1 Barcelona 627.1 (741.1)
2 Real Madrid 627 (667.5)
3 Bayern Munich 556 (581.8 )
4 Manchester United 509 (627.1)
5 Liverpool 489.9 (533)
6 Manchester City 481.6 (538.2)
7 Paris St-Germain 474.1 (560.5)
8 Chelsea 411.9 (452.2)
9 Tottenham 390.9 (459.3)
10 Juventus 349 (405.2)
11 Arsenal 340.3 (392.7)
12 Borussia Dortmund 320.7 (332.4)
13 Atletico Madrid 291 (324)
14 Inter Milan 255.6 (321.3)
15 Zenit St Petersburg 207.4 (159)
16 Schalke 195.4 (286.3)
17 Everton 185.9 (185.5)
18 Lyon 158.5 (194.7)
19 Napoli 154.6 (182.8)
20 Eintracht Frankfurt 152.6 (160.6)
Source: Deloitte Football Money League

What caused the income drop?

Coronavirus has caused havoc in the world of sport for much of 2020 and into 2021.

It led to the postponement in March of top divisions in England, Spain, Germany, Russia and France. The French Ligue 1 season was cancelled, while the Bundesliga resumed in mid-May with other leagues following in June – all behind closed doors.

Clubs suffered an £832m drop in broadcast revenue, primarily due to the delayed ending of the 2019-20 season meaning the deferral of broadcast revenue into the financial year ending in 2021, but also because of broadcaster rebates related to the disrupted 2019-20 season.

data-ad-format="auto">

For example, Manchester United said in October that their broadcasting revenue had been reduced 41.9% from £240.2m to £141.2m.

There was also a £228m overall fall for the 20 clubs in matchday revenue, although there was a £93m increase in commercial revenue.

The matchday revenue figure will fall even further for all clubs with fans unlikely to be able to return in significant numbers for any of the 2020-21 season.

‘Testing times’

“There is no doubt that this is one of the most testing times the football industry has ever had to endure,” said Dan Jones, partner in the Sports Business Group at Deloitte.


Bayern Munich beat Paris St-Germain in the Champions League final
Bayern Munich’s Champions League win saw them move up to third place in the Money League

“While no football club has been immune to the challenges of Covid-19, and other clubs have suffered more in relative terms, those in the Money League have borne the greatest financial impact in absolute value terms.

“The safe return of fans to stadia in significant numbers is one of the highest priorities across global football. Matchday operations are a cornerstone of a club’s business model and help drive other revenue-generating activity.

“Fans’ absence will be more fully reflected in next year’s Money League. The final size of the financial impact of the pandemic on football will depend, in no small part, on the timing and scale of fans’ return.”

Can the sport recover?

“We remain strong believers in the fundamental value of top-level football to fans, broadcasters and other commercial partners,” insists Jones.

“We are confident in the resilience of the industry and expect it to bounce back strongly in future years.

“The events of the past year have challenged the ability of clubs to drive their own revenue growth. Any short-term ambitions they may have had will likely only be achievable as medium-term goals once fans return to stadia and the effect of the pandemic on the global economy and the path to recovery from it becomes clearer.

“However, the full financial impact of Covid-19 may not be realised for years to come.”

Around the BBC iPlayer bannerAround the BBC iPlayer footer

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on Google+ (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Share on Skype (Opens in new window)

Related

Related Itemsclubsdeloittefootballleaguemoneypandemic
Sports
26th January 2021
Newsexplored @newsexploredweb

Related Itemsclubsdeloittefootballleaguemoneypandemic

More in Sports

  • Read More
    India v England: Hosts on top in final Test in Ahmedabad

    Views:3 Ben Stokes top-scored for England with 55 before falling to Washington Sundar Fourth Test, Ahmedabad (day...

    Newsexplored 26th January 2021
  • Read More
    Kieran Hardy: Wales scrum-half ruled out of Six Nations

    Views:3 Kieran Hardy scored a try for Wales before having to leave the field against England Venue:...

    Newsexplored 26th January 2021
  • Read More
    Curtis Jones: Liverpool’s ‘streetwise’ youngster with ‘unusual belief’

    Views:3 Curtis Jones (right) celebrating with Roberto Firmino in the victory over Sheffield United on Sunday When...

    Newsexplored 26th January 2021
  • Read More
    Deese Kasinga: What happens when the Premier League academy dream dies?

    Views:3 The brutal reality of Premier League academies: Deese Kasinga’s story Deese Kasinga was 17 years old...

    Newsexplored 26th January 2021
  • Read More
    Kieron Pollard hits six sixes in West Indies’ win over Sri Lanka

    Views:3 Kieron Pollard joined Herschelle Gibbs and Yuvraj Singh in hitting six sixes in an international First...

    Newsexplored 26th January 2021
  • Read More
    Crystal Palace 0-0 Manchester United: Ole Gunnar Solskjaer’s side held in dull encounter

    Views:3 Manchester United rarely threatened at Selhurst Park Manchester United’s already slim Premier League title hopes were...

    Newsexplored 26th January 2021
  • Read More
    Andy Murray loses to Andrey Rublev in Rotterdam Open second round

    Views:3 Andy Murray served five aces but three double faults Britain’s Andy Murray has been knocked out...

    Newsexplored 26th January 2021
  • Read More
    Sheffield United 1-0 Aston Villa: David McGoldrick scores winner for bottom club

    Views:3 Aston Villa lost away from home for the first time since 27 January Bottom club Sheffield...

    Newsexplored 26th January 2021
  • Read More
    Livingston 0-1 Rangers: Late Morelos goal puts visitors within four points of title

    Views:3 Alfredo Morelos’ (centre) late winner sparked wild celebrations at the Tony Macaroni Arena Rangers manager Steven...

    Newsexplored 26th January 2021
  • Read More
    Formula 1: Porsche & Volkswagen Group considering entering F1

    Views:3 Head of Porsche motorsport Fritz Enzinger (left) is considering F1 Porsche and parent company the Volkswagen...

    Newsexplored 26th January 2021
  • Read More
    Manchester City 3-0 Fiorentina: Lauren Hemp and Ellen White score in first-leg win

    Views:3 England’s Ellen White scored in the Champions League for the first time since moving to Manchester...

    Newsexplored 26th January 2021
  • Read More
    Tyson Fury v Anthony Joshua fight agreed – promoter Bob Arum

    Views:3 Fury (right) said last week a fight with Joshua was no closer to being agreed Anthony...

    Newsexplored 26th January 2021
Scroll for more
Tap
data-ad-format="auto">
NewsExplored

NewsExplored - Making sure all the latest news is explored?

Contact us for help

  • Popular

  • Latest

  • Comments

  • Transfer rumours: Kounde, Haaland, Bremer, Neuhaus, Balogun, Ziyech, Raphinha
    Sports13th February 2021
  • Station reopening at Bow Street brings first trains for 56 years
    UK14th February 2021
  • Manchester United 3-3 Everton: Dominic Calvert-Lewin scores late goal to deny hosts
    Sports6th February 2021
  • Super Bowl half-time show: How did The Weeknd do?
    Entertainment8th February 2021
  • LeBron James: NBA superstar’s evolution from high school prodigy
    USA4th March 2021
  • What is Biden doing differently at US border?
    USA3rd March 2021
  • Coronavirus: Texas and other states ease rules despite warnings
    USA3rd March 2021
  • Golden Globe Awards 2021: Stars prepare for virtual ceremony
    USA28th February 2021
  • Les Rehrer says:

    Hello Its me :P and thanks for this post

  • optumrx login says:

    Thank For News.

  • Kent Laatsch says:

    Please let me know if you're looking for a writer…

  • Bob says:

    RT News was where I learned that Erdogan controlled isis.…

Copyright © 2018 Top News Theme. Theme by MVP Themes, powered by Wordpress.

Wycombe Wanderers 1-4 Tottenham: Late goals secure victory for Spurs
Man City: Diego Costa would win title for Pep Guardiola’s side – Micah Richards analysis
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok