BE PART OF THE TEAM

Access exclusive podcasts, interviews and analysis with a monthly or annual membership

Become A Member
Dublin: 12°C Monday 17 May 2021
Advertisement

Top clubs face monstrous losses if football season can't be completed

The elite leagues across Europe have four billion reasons to complete their seasons when the sport resumes.

Pep Guardiola and Zinedine Zidane of Manchester City and Real Madrid greet each other.
Pep Guardiola and Zinedine Zidane of Manchester City and Real Madrid greet each other.

EUROPE’S TOP FIVE football leagues could lose as much as four billion euros (£3.75 billion pounds) in combined revenue if the coronavirus pandemic completely wipes out the rest of the season, according to a study by KPMG.

The accounting firm, one of the world’s biggest, calculated the total potential matchday, broadcasting and commercial revenues set to be generated by the remaining matches in the Premier League, La Liga, German Bundesliga, Italy’s Serie A and France’s Ligue 1 added up to between €3-4.5 billion across the five leagues.

KPMG estimates England’s Premier League would lose the most, with as much as €1.25 billion going up in smoke should the season be halted – a potential €800 million of that in broadcasting revenue alone.

“Broadcasters who have collective deals with leagues may claim that they want money back proportionally if matches are cancelled and the season is not completed,” said the report.

The Premier League’s broadcasting revenue losses would be the highest despite having fewer games left to play than every other league apart from the Bundesliga, which has the lowest number of teams at 18.

However clubs in the so-called “Big Five” leagues all rely heavily on television money to help fill their coffers.

Be part
of the team

Access exclusive podcasts, interviews and analysis with a monthly or annual membership.

Become a Member

La Liga in Spain could lose as much as €600 million from broadcasters, the report said, while Serie A clubs stand to lose up to €450 million from a cancelled season.

The Bundesliga and Ligue 1 stand to lose as much as €400 and €200 million respectively.

Leagues across the continent have been put on hold by the deadly spread of COVID-19, and hopes the present domestic and European seasons could be finished were raised by Tuesday’s postponement of Euro 2020 by a year, with the leagues on hold until at least early April.

UEFA has committed to trying to finish club seasons by 30 June, but the target date will need to be reviewed if the spread of the virus does not slow.

© – AFP 2020

About the author:

AFP

Read next:

COMMENTS (21)

This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
write a comment

    Leave a commentcancel