The Premier League continues to be an unstoppable financial beast. Accounting guru Deloitte has presented its annual report on the economic health of football, analyzing what they call ‘the new dawn’ of said industry after the huge impact of covid-19. According to this study, European football grew by 10% in revenue in the 2020-21 season, reaching €27.6 billion, of which €15.6 billion belonged to the five major leagues on the continent.
Among those, the English Premier League not only maintains its place as leader, but also widens the gap, recording €5,492 million in revenue. Behind that sits the German Bundesliga with €3,005M and Spain’s LaLiga, third, with €2,948M, then Italy’s Serie A (€2,527M) and France’s Ligue 1 (€1,614M) next in the ranking. Despite the fact that the five major leagues have grown by 3% compared to the 2019-20 season, their income is still significantly lower than that observed before the pandemic (€17,000 million).
That #Deloitte Annual Review of Football Finance finds that over this COVID-hit 2020/21 season European #football market revenues rose by 10% is remarkable. A clear sign of the resilience of the industry and the tenacity of clubs
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The report highlights that “European football has always been polarized, but it has been accentuated by covid.” and stated that the Premier League is ahead of its competition more than ever.” In addition, the consultancy predicts that English clubs will exceed six billion in revenue for the season that has just started thanks to new TV and sponsorship deals.
This difference in income is also translated when looking at the salary market, with the Premier League having a wage bill of €3,902M, almost double that of Germany (€1,952M).
Spain, despite being the third in income in the 2020-21 season, is the second with the highest spending capacity on salaries (€2,186M), followed by Italy (€2,082M). France, even with the likes of Messi, Neymar and Mbappé pulling in huge sums from PSG, is the league with the least (€1,586M).
The Premier League has emerged from the pandemic without as significant an increase in net debt as many might have expected – a rise of just 4%. In comparison, Championship clubs' net debt grew by 32%.
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Another conclusion from the report surrounds transfer payments.
“With the Premier League accounting for almost 50% of spending across Europe’s ‘big five’ leagues in the January 2022 transfer window, it’s perhaps unsurprising that its clubs made up half (50%) of the Money League in the previous season (2020/21), the joint highest proportion (with the 2016/17 season) in DFML history.”
You can check out this and much more from the Deloitte website.
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