Football: in 2020-2021 Serie A best for revenue growth

(ANSA) – MILAN, AUGUST 25 – In the 2020-2021 season, still marked by lockdowns due to the Covid pandemic, the European football market grew in terms of revenues by 10%, reaching 27.6 billion euros, with Serie A clubs A who recorded the highest percentage growth in aggregate turnover of any ‘big five’ championship: + 23%, reaching 2.5 billion.

This was stated by the 31st edition of Deloitte’s Annual Review of Football Finance, according to which the general growth in revenues of the European football system in the 2020-2021 season was mainly due to the increase in revenues from television rights (+ 48%).

The report recalls that European football “continued to suffer from the impact of the pandemic that season, as clubs across the continent were forced to play most of their matches behind closed doors or with reduced stadium capacity. with consequent low levels of generation of competition revenues, which represented less than 1% of revenues “.

Despite this, the European football market “has grown decisively thanks to the UEFA EURO 2020 tournament and the deferred revenues of the 2019/20 season, the first hit by the lockdown imposed by the pandemic”, explains Deloitte, according to which “this figure indicates a significant recovery in terms of revenues, with the return to pre-COVID levels expected for the 2021/22 season “. (HANDLE).

Source: Ansa

Martin

I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.