Uniquim
Full Member
Some takeaways:
- The top 20 clubs generated a combined €8.2 billion in 2019/20, down 12% on the prior season (€9.3 billion).
- This €1.1 billion decrease is explained by:
- a €937m (23%) drop in broadcast revenue, primarily due to the deferral of broadcast revenues to the financial year ending in 2020 and broadcaster rebates related to the disrupted 2019/20 season;
- a €257m (17%) fall in matchday revenue as matches were first postponed and then either cancelled or resumed behind closed doors; and
- offset by a €105m (3%) increase in commercial revenue, reflecting the commencement of several major commercial arrangements across Money League clubs in 2019/20.
- We estimate that this year’s Money League clubs will have missed out on over €2 billion in revenue by the end of the 2020/21 season, including amounts foregone in respect of 2019/20, as a result of the COVID-19 pandemic, primarily due to:
- Matchday revenue of Money League clubs being close to nil from March 2020 onwards, with fans unlikely to be able to return in significant numbers for any of the 2020/21 season; and
- Broadcast rebates of the ‘big five’ leagues and UEFA reportedly total almost €1.2bn currently, of which a large proportion is borne by Money League clubs; and
- The lost potential to continue their previous growth trajectory over the period.
Not great for United, but the good news is that we were able to stay ahead of Liverpool, as it was speculated we could be overtaken as the top british club.
[Source]
Full report here (PDF)