Six clubs worth US$ 4 billion or more – football is still relatively modest

FORBES has just issued its wealthiest football club list, a tale of higher valuations but falling revenues across the industry. It is quite astonishing that against a backdrop of financial crisis caused by the covid pandemic, football’s top clubs have seen their valuations rise by an average of 30% over a two year period. The […]

Income falls, but the song remains the same in football’s money league

WITH no sign of a resumption of football as a spectator sport, Europe’s top clubs could be € 2 billion out of pocket by the end of the current season. That was the view of Deloitte as they unveiled their latest Football Money League for 2021 this week. There’s few surprises in terms of the listing, […]

Real Madrid still a “unique club” as pandemic squeezes the purse

AT first glance, Real Madrid’s 2019-20 financials do not appear to be too troublesome, but with a major redevelopment plan for the Bernabéu Stadium in progress and a higher level of net debt, a 6% drop in revenues to € 715 million is arguably the start of the club’s near-term challenges. With expenses at a […]

Powerful Bayern in profit despite the virus

BAYERN Munich recently revealed a drop of around € 50 million in revenues in 2019-20 due  to the covid-19 pandemic, but the Bavarians’ financial statements make reasonable reading at this stage of the crisis.  Bayern made a net profit of € 9.6 million versus € 52.5 million in 2018-19. While matchday income would have been decimated […]

Atlético Madrid are flying – but what about the money?

WITH Spain’s big two struggling to live up to their illustrious names, Real Sociedad and Atlético Madrid have emerged as title contenders in the early months of 2020-21. While Sociedad have been boosted by the arrival of David Silva, Diego Simeone’s side are going through something of a reinvention and their new look is winning […]