European football clubs face $4.5 billion income drop next year due to COVID-19
4 years, 5 months ago

European football clubs face $4.5 billion income drop next year due to COVID-19

India TV News  

European football clubs expect to lose 4 billion euros in revenue over the next year because of the coronavirus pandemic, according to a study released Tuesday by the European Club Association. “The results demonstrate that the financial impact of COVID-19 on European clubs … is already a seismic shock,” ECA chief executive Charlie Marshall said. In the 10 leagues researched by the ECA — including the five wealthiest of England, France, Germany, Italy and Spain — clubs face losing 400 million euros in ticket sales this season and 1.1 billion euros next season. “The upcoming transfer market will give us the next indication of economic motivation and the state of football’s health," Marshall said, "but time should also be taken now to examine more fundamental operating cost structures.”

Club Season Billion Clubs Eca European Marshall  clubs  season  covid19  face  football  european  drop  eca  revenue  45  euros  financial  billion  pandemic  marshall  club  income

History of this topic

FIFA says $6.5 billion of international spending in transfer window
3 months, 3 weeks ago

FIFA says $6.5 billion of international spending in transfer window

Associated Press  

ZURICH — Spending on transfer fees in international men’s player deals cooled off during the mid-year trading period, according to FIFA research published on Tuesday. FIFA said clubs committed to spend $6.46 billion on buying players in cross-border deals during the June-to-September transfer window — down from $7.43 billion in the same period a year ago. Deals in the top-10 …

Euro 2024: Teams can add 3 players in 26-man squads to help cope with injuries
7 months, 3 weeks ago

Euro 2024: Teams can add 3 players in 26-man squads to help cope with injuries

The Hindu  

Teams at the European Championship can name three extra players in 26-man squads after UEFA agreed to amend the tournament rules on Friday. Adding up to 72 extra places on the collective tournament roster should lower the daily rate UEFA pays to clubs for releasing their players to national team duty at Euro 2024. UEFA agreed with the European Club …

When you want more money, you have to play more games: Luis Figo
9 months, 1 week ago

When you want more money, you have to play more games: Luis Figo

Hindustan Times  

Of the second group of galacticos at Real Madrid, Luis Figo was the first. “But, anyway, I think pressure makes me awake and in the first year we won the league.” Success in the Champions League, for which Sony Pictures Network has extended its exclusive broadcast and digital rights in India till 2026-27, came in 2001-02 and there was another …

UEFA details trend and risks of teams in multi-club owner groups in $28BN European soccer industry
10 months, 1 week ago

UEFA details trend and risks of teams in multi-club owner groups in $28BN European soccer industry

Associated Press  

GENEVA — More than 300 soccer clubs were in ownership groups involving multiple teams in a trend driven by American investors that could threaten the integrity of European games, UEFA said on Thursday. Multi-club groups led to an “increased risk of seeing two clubs with the same owner or investor facing each other in the same competition, creating potential integrity …

English clubs’ financial power detailed in UEFA review of $25BN European football economy
10 months, 1 week ago

English clubs’ financial power detailed in UEFA review of $25BN European football economy

The Hindu  

The financial power of English football was detailed in a UEFA report Thursday analyzing the record 24 billion euros economy of top-tier clubs across Europe. English clubs also accounted for 764 million euros of the collective pre-tax losses of 3.2 billion euros by European clubs in 2022. SPONSORS, MERCHANDISE English clubs had almost 2 billion euros of commercial revenue — …

English clubs’ financial power detailed in UEFA review of $25BN European soccer economy
10 months, 1 week ago

English clubs’ financial power detailed in UEFA review of $25BN European soccer economy

Associated Press  

GENEVA — The financial power of English soccer was detailed in a UEFA report Thursday analyzing the record 24 billion euros economy of top-tier clubs across Europe. SPONSORS, MERCHANDISE English clubs had almost 2 billion euros of commercial revenue — including sponsorship, stadium use, merchandise sales, international tours — of the record 7.8 billion euros total across Europe in 2022. …

How private equity is changing the global soccer landscape with big investments in clubs and leagues
10 months, 2 weeks ago

How private equity is changing the global soccer landscape with big investments in clubs and leagues

Associated Press  

MADRID — Atletico Madrid is revamping its training facilities. Spanish clubs this week are meeting to showcase and discuss projects funded by their shares of the $2.1 billion that private equity group CVC Capital Partners is investing in the Spanish league. The 2021 deal was the first of its kind in Europe’s top soccer leagues, but CVC has since made …

FIFA reports record USD 9.63 billion splash on football transfers in 2023; Saudi Pro League joins top 5
10 months, 3 weeks ago

FIFA reports record USD 9.63 billion splash on football transfers in 2023; Saudi Pro League joins top 5

India TV News  

Federation Internationale de Football Association announced a record-breaking USD 9.63 billion spend on football deals in 2023. German football clubs received the highest USD 1.2 billion in transfer fees followed by France, England and Italy. "German clubs topped the list for transfer fees received from outgoing transfers with a total of more than USD 1.2 billion," a FIFA media release …

Euro 2024: UEFA sets $360 million prize fund for 24 national teams from revenue of $2.6 billion
1 year ago

Euro 2024: UEFA sets $360 million prize fund for 24 national teams from revenue of $2.6 billion

The Hindu  

UEFA said on Saturday it will pay 331 million euros in total prize money to the 24 national teams at the men’s European Championship that is expected to earn about 2.4 billion euros in commercial revenue. The Euro 2024 winner will be paid more than the total 16 million euros prize money fund for the 16 women’s teams that played …

UEFA sets $360 million prize fund for 24 national teams at Euro 2024 from revenue of $2.6 billion
1 year ago

UEFA sets $360 million prize fund for 24 national teams at Euro 2024 from revenue of $2.6 billion

Associated Press  

HAMBURG, Germany — UEFA said Saturday it will pay 331 million euros in total prize money to the 24 national teams at the men’s European Championship that is expected to earn about 2.4 billion euros in commercial revenue. The Euro 2024 winner will be paid more than the total 16 million euros prize money fund for the 16 women’s teams …

King Charles proposes bill that takes aim at European Super League
1 year, 1 month ago

King Charles proposes bill that takes aim at European Super League

Associated Press  

MANCHESTER, England — Over two fraught days in April 2021, a newly formed “Super League” threatened to change the face of European soccer by creating an elite tournament that would protect 15 top clubs from relegation. It quickly collapsed, but a U.K. government bill announced by King Charles on Tuesday proposes powers to block English teams from attempting to join …

UEFA Imposes Hefty Fine On Barcelona For Financial Rules Breach
1 year, 1 month ago

UEFA Imposes Hefty Fine On Barcelona For Financial Rules Breach

News 18  

Barcelona lost an appeal to UEFA against being fined 500,000 euros for misreporting income under financial monitoring rules, the European soccer body said Friday. UEFA’s club finance panel imposed the fine in July after Barcelona declared income in 2022 on profit from “disposal of intangible assets which are not a relevant income under the regulations.” FC Barcelona is fined €500,000 …

Rising football violence due to lack of security investment by clubs, study finds
1 year, 2 months ago

Rising football violence due to lack of security investment by clubs, study finds

NL Times  

Violence associated with football, both inside and surrounding stadiums, has escalated in recent years. Researchers from Bureau Beke concluded that this is because football clubs in the Netherlands have not significantly invested in security policies and aimed instead for more hospitality. The authors of “Van voetbalrellen leren” observe that, prior to the Covid-19 pandemic, several years passed with minimal football …

Ticket sales for Euro 2024 in Germany start soon
1 year, 3 months ago

Ticket sales for Euro 2024 in Germany start soon

The Hindu  

More than 1.2 million tickets for football’s 2024 European Championship in Germany go on sale next month, with seats priced from 30 euros at group-stage games up to 1,000 euros for the final, UEFA said. The prime halfway line spots will go on sale in December at 400 euros for group-stage games and 2,000 euros for the final at the …

Italian football clubs lost Rs. 33 thousand crore during Covid pandemic: Reports
1 year, 4 months ago

Italian football clubs lost Rs. 33 thousand crore during Covid pandemic: Reports

The Hindu  

Italian professional football clubs lost Rs. 33 thousand crore between 2019 and 2022 due to COVID-19 and pandemic-related restrictions, according to an annual report. According to the 2023 edition of ReportCalcio published by the Italian Football Federation, the top three divisions lost an average of Rs. 11 thousand crore per year during the Covid period, while their cumulative losses were …

UEFA president Čeferin dismisses idea of threat to European soccer from big-spending Saudis
1 year, 6 months ago

UEFA president Čeferin dismisses idea of threat to European soccer from big-spending Saudis

Associated Press  

GENEVA — European soccer should not be afraid of a player exodus to Saudi Arabian clubs, UEFA president Aleksander Čeferin said Sunday, suggesting the country was making a mistake investing in stars at the end of their careers. Čeferin was asked by Netherlands broadcaster NOS if he was scared of a player exodus, and answered emphatically: “No, no, no.” “I …

Premier League clubs post record revenues as Europe recovers from COVID-19 impact
1 year, 6 months ago

Premier League clubs post record revenues as Europe recovers from COVID-19 impact

The Hindu  

Premier League club revenues rose by 12 per cent to a record 5.5 billion pounds in the 2021-22 season as European football capitalised on fans returning to stadiums after the COVID-19 pandemic, according to analysis from Deloitte. In its Annual Review of Football Finance, Deloitte’s Sports Business Group said the “big five” leagues in England, Spain, Germany, Italy and France …

If the future of college football looks like European soccer, what can we expect?
1 year, 6 months ago

If the future of college football looks like European soccer, what can we expect?

New York Times  

The sport that most closely resembles college football is not the NFL. has been outbid for a player by the 17th best team in England — you will hear that the financial might of the English Premier League is killing European football and something must be done before the European club competitions become all-English affairs every season. Adam Crafton : …

European clubs seal FIFA deal to increase World Cup revenue
1 year, 8 months ago

European clubs seal FIFA deal to increase World Cup revenue

Associated Press  

GENEVA — European soccer clubs sealed a new working agreement with FIFA on Monday after securing a 70% increase in their share of World Cup revenues for the 2026 and 2030 tournaments. The European Club Association said it renewed its working accord with FIFA through 2030, which also could lead to clubs having a say in managing commercial deals for …

FIFA to pay clubs $355 million for sending players to 2026 and 2030 World Cups
1 year, 8 months ago

FIFA to pay clubs $355 million for sending players to 2026 and 2030 World Cups

The Hindu  

FIFA’s compensation paid to clubs that release players for the men’s World Cup has been increased by nearly 70% to 355 million USD for the 2026 and 2030 tournaments, the global football governing body and the European Club Association said on Monday. “The MoU recognises the central role of clubs in football globally and ensures that they are properly represented …

FIFA to Pay Clubs USD 355 Million for Sending Players to 2026 and 2030 World Cups
1 year, 8 months ago

FIFA to Pay Clubs USD 355 Million for Sending Players to 2026 and 2030 World Cups

News 18  

FIFA’s compensation paid to clubs that release players for the men’s World Cup has been increased by nearly 70% to $355 million for the 2026 and 2030 tournaments, the global football governing body and the European Club Association said on Monday. “The MoU recognises the central role of clubs in football globally and ensures that they are properly represented in …

UEFA president warns clubs against ‘reckless’ spending on player wages
1 year, 10 months ago

UEFA president warns clubs against ‘reckless’ spending on player wages

The Hindu  

UEFA president Aleksander Ceferin warned that many European clubs are “compromising their economic sustainability” due to ever-increasing player wages which have risen on average by 16% compared to pre-pandemic levels. “And while this is not a negative trend per se, it is clear that many are compromising their economic sustainability in their reckless pursuit of success.” The report showed a …

Injuries went up by 20% last season amid packed schedule - study
2 years, 2 months ago

Injuries went up by 20% last season amid packed schedule - study

The Hindu  

Injuries across Europe's five major leagues rose by 20% last season and cost clubs in the region of half a billion pounds, a new study has found, raising concerns about player welfare amid fixture congestion. Insurance broker Howden's European Football Injury Index for the 2021-22 season estimated that injury costs went up by 29% to 513.2 million pounds, with French …

New European soccer clubs’ group gives voice to less wealthy
2 years, 5 months ago

New European soccer clubs’ group gives voice to less wealthy

Associated Press  

GENEVA — A new group for European clubs feeling isolated in soccer politics dominated by wealthy rivals was announced Wednesday. The Union of European Clubs is being created after an intense 18 months of debate and decisions on reforming UEFA competitions like the Champions League plus the failed Super League project that rocked the industry. Though the breakaway collapsed within …

More Premier League sides listed among Europe's most valuable clubs: report
2 years, 6 months ago

More Premier League sides listed among Europe's most valuable clubs: report

The Hindu  

The Premier League now has 10 teams in a list of the 32 most valuable clubs in Europe, according to a report published on Thursday by analysts Football Benchmark. There were eight Premier League clubs on last year's list, with Aston Villa and West Ham United making their debut in 2022 and joining Manchester United, Liverpool, Manchester City, Chelsea, Tottenham …

Fan group pressures UEFA ahead of Champions League talks
2 years, 7 months ago

Fan group pressures UEFA ahead of Champions League talks

Associated Press  

GENEVA — A European soccer fan group urged UEFA and club leaders on Monday to overturn some of the changes to the Champions League due in 2024, and described other ideas as ”juvenile daydreams.” The UEFA-recognized Football Supporters Europe group stepped up its opposition ahead of upcoming meetings involving the European Club Association and UEFA. The FSE fan group now …

UEFA approves new rules to scrutinize soccer club finances
2 years, 8 months ago

UEFA approves new rules to scrutinize soccer club finances

Associated Press  

NYON, Switzerland — UEFA approved new financial monitoring rules for European soccer clubs on Thursday, giving up on “fair play” and lowering expectations it can solve the competitive imbalance in the Champions League. “Competitiveness cannot be addressed simply by financial regulations,” UEFA project leader Andrea Traverso said at a briefing, adding the words “fair play” had been misinterpreted to mean …

UEFA Changing Angle of Attack with Revised Fair Play Rules
2 years, 8 months ago

UEFA Changing Angle of Attack with Revised Fair Play Rules

News 18  

With many clubs reeling from the financial fallout of the pandemic and competitive inequality growing despite existing fair play rules, UEFA will unveil changes in its tactics for levelling European football’s economic playing field. IPL FULL COVERAGE | SCHEDULE | RESULTS | ORANGE CAP | PURPLE CAP After months of discussions, UEFA is expected to adopt an overhaul of the …

ECA, UEFA Joint Venture Better for European Clubs Than Super League, Says Nasser Al-Khelaifi
2 years, 8 months ago

ECA, UEFA Joint Venture Better for European Clubs Than Super League, Says Nasser Al-Khelaifi

News 18  

European clubs have heightened influence and affluence thanks to the joint venture between UEFA and the European Club Association, ECA chairman Nasser Al-Khelaifi said in an address to its General Assembly in Vienna on Monday. ”For the first time ever, UEFA and ECA have worked jointly to conduct an open and competitive tender to manage the sales process for men’s …

How is Barcelona FC Trying to get its Finances Back on Track
2 years, 10 months ago

How is Barcelona FC Trying to get its Finances Back on Track

News 18  

Barcelona is back in the second tier of European football after nearly two decades of contending among the elite in the Champions League, a blow to its prestige and a further hit to its dire financial situation. DEBTS The club’s debt reached a whopping 1.3 billion euros, including almost 390 million euros related to player salaries and more than 670 …

EXPLAINER: How Barcelona tries to get finances back on track
2 years, 10 months ago

EXPLAINER: How Barcelona tries to get finances back on track

Associated Press  

MADRID — Barcelona is back in the second tier of European soccer after nearly two decades contending among the elite in the Champions League, a blow to its prestige and a further hit to its dire financial situation. DEBTS The club’s debt reached a whopping 1.3 billion euros, including almost 390 million euros related to player salaries and more than …

English clubs led the way in spending on players this year: FIFA
3 years, 3 months ago

English clubs led the way in spending on players this year: FIFA

The Hindu  

English clubs spent the most money on players among FIFA's member associations in the transfer window which ran from June to August, world football's governing body said on Tuesday. FIFA's International Transfer Snapshot report said English clubs shelled out $1,146.6 million on players in the window, which was more than the next two countries -- Spain and France -- put …

European football clubs reunite to talk FIFA World Cups, COVID-19 pandemic bailouts
3 years, 3 months ago

European football clubs reunite to talk FIFA World Cups, COVID-19 pandemic bailouts

The Hindu  

European football clubs were offered backing from UEFA on Monday to oppose FIFA’s push for biennial World Cups while being promised a “multi-billion debt fund” to stabilise their industry in the pandemic. READ : FIFA chief labels Brazil postponement "crazy", Spurs set to fine players Al-Khelaifi spoke alongside his close ally UEFA president Aleksander Ceferin to start an intense week …

Barcelona’s president says club’s debt now at $1.6 billion
3 years, 4 months ago

Barcelona’s president says club’s debt now at $1.6 billion

Associated Press  

MADRID — Barcelona’s president presented a grim picture of the club’s financial situation on Monday, saying its debt had risen to 1.35 billion euros. Laporta said the club had losses of 481 million euros and was left with a negative net worth of 451 million euros, making it difficult to negotiate with players. “We have found ourselves in a difficult …

Spanish league secures $3.2 billion in funds to help clubs
3 years, 4 months ago

Spanish league secures $3.2 billion in funds to help clubs

The Hindu  

The Spanish league took a step toward cutting into the Premier League's global dominance on Wednesday, securing €2.7 billion in funding to boost its clubs' finances and increase revenue growth over the next few years. The deal unanimously approved by the league's executive committee should increase the clubs' spending power and is expected to help Barcelona guarantee a new contract …

Spanish league secures $3.2 billion in funds to help clubs
3 years, 4 months ago

Spanish league secures $3.2 billion in funds to help clubs

Associated Press  

MADRID — The Spanish league took a step toward cutting into the Premier League’s global dominance on Wednesday, securing €2.7 billion in funding to boost its clubs’ finances and increase revenue growth over the next few years. The deal unanimously approved by the league’s executive committee should increase the clubs’ spending power and is expected to help Barcelona guarantee a …

Euro 2020: These small continuous events are driving the spread of coronavirus, warns WHO emergency officer
3 years, 5 months ago

Euro 2020: These small continuous events are driving the spread of coronavirus, warns WHO emergency officer

India Today  

The World Health Organisation has come down hard on the UEFA Euro 2020 football tournament and blamed it for the rising Covid-19 cases in Europe since it began on June 12. WHO emergency officer Catherine Smallwood explained how the quadrennial football event has made people flock the host stadiums, bars, pubs and other public places where matches are being screened …

UEFA EURO 2020 Cup: Players affected by COVID-19
3 years, 6 months ago

UEFA EURO 2020 Cup: Players affected by COVID-19

The Hindu  

The European Championships is set to kick off on June 11 at the Stadio Olimpico in Rome when Italy takes on Turkey. The tournament is set to take place in 11 major cities across a month's time in the middle of the coronavirus pandemic. The 16th edition of the Euros were postponed from 2020 after the virus outbreak in March …

Dutch football fans to spend tens of millions of euros during EURO
3 years, 6 months ago

Dutch football fans to spend tens of millions of euros during EURO

NL Times  

Dutch football fans plan to spend tens of millions of euros during the upcoming European Championship, according to research from ING. "In total, the title therefore represents a value of 700 million euros," ING economist Marten van Garderen wrote. Numerous Dutch supermarkets and brewers are set to launch different campaigns targeting football fans. "That can bring an extra few million …

Champions League teams to get more prize money after UEFA registers eight percent rise in total revenue
3 years, 6 months ago

Champions League teams to get more prize money after UEFA registers eight percent rise in total revenue

Firstpost  

Total revenue is set to rise by €250 million annually through 2024 compared to the 2018-21 period, the European Leagues group said Thursday in an online conference. Madrid: Champions League teams will get more prize money for the next three years from a near 8 percent rise in total revenue €3.5 billion from broadcast and sponsor sales tied to UEFA’s …

EURO 2020: Virus poses financial, logistical challenges
3 years, 6 months ago

EURO 2020: Virus poses financial, logistical challenges

The Hindu  

A tournament intended to be a celebration of European football will instead reflect many of the uncertainties that have beset the sport during the coronavirus pandemic. “It actually makes it harder, because you have more travel, less recovery etc.,” said Jonas Baer-Hoffmann, the general secretary of world players’ union FIFPRO. READ | “We have seen that travel is a substantial …

European football clubs set to lose $10.6 billion as a result of COVID-19 pandemic, claims UEFA report
3 years, 7 months ago

European football clubs set to lose $10.6 billion as a result of COVID-19 pandemic, claims UEFA report

Firstpost  

As a result of slashed budgets, transfer spending by European clubs in last year’s summer window plummeted by 39 percent. London: European football clubs are forecast to miss out on 8.7 billion euros in revenue as they struggle to cope with the devastating financial fallout from the coronavirus pandemic, a UEFA report said Thursday. In the foreword, UEFA president Aleksander …

Europe’s football clubs face financial peril
3 years, 7 months ago

Europe’s football clubs face financial peril

Live Mint  

As European football clubs struggle to make up for revenue lost in the pandemic, one untapped source of revenue is stadium naming rights, but exploiting them may not be straightforward. "Many European sports clubs have long been missing out on millions worth of stadia naming sponsorship fees annually," said Bryn Anderson, an analyst specialising in sports economics at auditing firm …

European football split as elite clubs like Barcelona, Real Madrid and Manchester United threaten breakaway league
3 years, 8 months ago

European football split as elite clubs like Barcelona, Real Madrid and Manchester United threaten breakaway league

Firstpost  

The Premier League wrote to clubs on Sunday saying its rules prevent clubs joining competitions without its approval and urging them to distance themselves from any Super League. European football’s governing body is aware that clubs including Barcelona, Real Madrid and Manchester United are among those renewing a push to launch a Super League, a person with knowledge of the …

English second-tier club secure more than USD 160M in funding
3 years, 8 months ago

English second-tier club secure more than USD 160M in funding

The Hindu  

England's second-tier Championship secured a funding package worth more than USD 160 million that will enable club to meet their tax liabilities amid a downturn in revenues during the pandemic. There have been no spectators for matches in the division for the equivalent of a full season since the coronavirus outbreak, meaning clubs in the 24-team league have lost around …

English Football League secures $160M in funding for Championship clubs amid coronavirus-led financial crisis
3 years, 8 months ago

English Football League secures $160M in funding for Championship clubs amid coronavirus-led financial crisis

Firstpost  

England’s second-tier Championship secured a funding package worth more than $160 million on Monday that will enable clubs to meet their tax liabilities amid a downturn in revenues during the pandemic. There have been no spectators for matches in the division for the equivalent of a full season since the coronavirus outbreak, meaning clubs in the 24-team league have lost …

La Liga president: Spanish clubs have absorbed Covid-19 impact better
3 years, 9 months ago

La Liga president: Spanish clubs have absorbed Covid-19 impact better

The Hindu  

The La Liga clubs have suffered a net loss of around one billion Euros in the previous seasons because of the ongoing Covid-19 pandemic, informed the president of the top Spanish league Javier Tebas. Speaking to the world media, Tebas, accompanied by the corporate general director of La Liga, Jose Guerra, said that unlike other prominent leagues in Europe, the …

Barcelona, Atletico ordered to further tighten belts by La Liga
3 years, 9 months ago

Barcelona, Atletico ordered to further tighten belts by La Liga

The Hindu  

FC Barcelona and Atletico Madrid will have to cut down the costs of their squads by more than 35 million euros following new salary limits imposed by La Liga on Tuesday to cope with the financial impact of the COVID-19 pandemic. League leader Atletico Madrid, meanwhile, must make savings of 35.4 million euros to meet a new budget of 217.3 …

European fans unite to oppose elite Super League plan
3 years, 10 months ago

European fans unite to oppose elite Super League plan

Associated Press  

GENEVA — A UEFA-recognized soccer fan group united supporters across the continent Tuesday to oppose plans by some wealthy clubs for a Super League. It would give member clubs at least 18 Super League games compared to a guaranteed six games in the current Champions League format. Details of the latest Super League proposal leaked last month as UEFA works …

European Football Clubs' Head Fears Covid-19 Pandemic Losses of Up To 10 Billion Dollars
3 years, 10 months ago

European Football Clubs' Head Fears Covid-19 Pandemic Losses of Up To 10 Billion Dollars

News 18  

European football teams face losing up to 10 billion dollars due to disruption caused by the coronavirus pandemic, according to the latest forecast of the umbrella organization for clubs on the continent. “When I look at the best information I’ve had so far, were looking at a bottom-line loss for the industry in the region of 6.5 billion to 8.5 …

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