European football clubs’ revenue declines by £3.4bn over pandemic

• Combined revenue falls to £22bn, according to Deloitte
• Bundesliga overtakes La Liga as second most lucrative league

The pandemic led to a rare decline in the financial firepower of European football during 2019-20, according to a report that charts how Covid-19 has affected the hierarchy of the continental game.

The combined revenue of European clubs declined by £3.4bn to £22bn, according to the Deloitte Annual Review of Finance, with even the “Big Five” leagues – in England, Spain, German, France and Italy – feeling the pinch.

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from World news | The Guardian https://ift.tt/3f5i4Gi