Deloitte Football Money League Report claims, clubs lost $2.4 billion in rev due to Covid, Barcelona still top earning club

Deloitte Football Money League Report – Top Earning Football Clubs: Covid-19 has really hit the football world hard, especially the professional football clubs. The coronavirus pandemic will end up costing Europe’s top soccer clubs around US$2.42 billion according to forecasts from Deloitte.

The finance firm’s annual Football Money League shows that the top 20 revenue-generating clubs lost around $1.33 Bn during the 2019/20 season due to factors including the lack of spectators and effect on broadcast income. Some of the latter will be made up in the 2020/21 accounts, along with deferred prize money for many clubs, but the ongoing effects of the virus see the drop in revenue projected to reach $2.42 billion between the 20 clubs.

The key findings of this edition are –

  • 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.

Barcelona & Real Madrid top earning clubs in the world

Barcelona still stays the top earning club according to the report but saw 15% drop in the revenues vis a vis 2018-19 season at $868.5 Mn
Barcelona’s commercial performance helps Real Madrid close within US$242,000) behind Barca, as the rival clubs retained the top two places in the Money League.

Manchester United are the highest-ranked of seven Premier League clubs in the top 20 but have fallen behind Uefa Champions League winners Bayern Munich to fourth place on $705 Mn down 19 per cent on the 2018/19 season.

Liverpool and Manchester City rank fifth and sixth with PSG at No. 7. Chelsea and Tottenham also in the top ten, Arsenal 11th and Everton 17th. Juventus is No. 10th in the Money League.

The Toffees were one of only two clubs in the top 20, along with newcomers Zenit St Petersburg, to actually post improved revenues compared to 12 months previously – but it is their neighbours across Stanley Park who Bridge expects to thrive in years to come.