Football clubs’ revenues rebound from covid—especially in England

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Football clubs’ revenues rebound from covid—especially in England
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The total revenues of the top 20 clubs in Europe added up to €9.2bn in the 2021-22 season, a rise of 13% from the previous year, according to Deloitte

these days—at least about the English Premier League—seems to concern money as much as matches. This week, mostly owned by Sir Jim Ratcliffe, a billionaire Manchester United fan, said it wanted to buy the club. United’s other fans would cheer a deal as heartily as a last-minute winner at the Stretford End. Many of them loathe the current owners, the Glazer family, who have done pretty well financially even as success on the field has dried up, but are now willing to sell.

According to Deloitte, the total revenues of the top 20 clubs in Europe added up to €9.2bn in the 2021-22 season, a rise of 13% from the previous year and almost as much as in 2018-19, the last full season before the coronavirus struck. That was mainly due to the return of fans. Matchday revenues, from tickets, corporate hospitality and so forth, went up from just €111m in 2020-21 to €1.4bn. At the 11 English clubs in the top 20, total revenues rose by 19%, to €4.8bn.

The Premier League also filled three of the first four slots in Deloitte’s revenue ranking . The list was topped, for the second year running, by the champions, Manchester City, who on and off the field have gone from strength to strength since being bought by Abu Dhabi’s ruling family in 2008.

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