Euro 2024: England Spain and Germany's revenue is almost equal combined UEFA report

Posted by Eticketing.co on February 19th, 2024

Euro 2024:The financial dominance of English football clubs took center stage in a recent UEFA report, unveiled on Thursday. This comprehensive analysis delved into the staggering 24 billion euros (.75 billion) economy of top-tier clubs across Europe. A standout revelation from the report was the remarkable revenue generated by the 20 Premier League clubs.

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Their total revenue of 6.5 billion euros in 2022 nearly matched the combined revenue of the next two richest leagues. Spain's La Liga 3.3 billion euros and Germany's Bundesliga 3.3 billion euros. In a striking comparison, UEFA Euro 2024 highlighted that the combined revenue of these 20. English Premier League clubs equalled that of all 642 clubs spread across 50. Countries outside the big five leagues of England, Spain, Germany, Italy, and France.

Moreover, UEFA's annual review of club finances indicated a notable recovery from the lingering impacts of the COVID-19 pandemic. Bringing European football to a standstill in 2020. This data underscores the immense financial prowess of English football clubs. Emphasizing their dominant position in the global football landscape and highlighting the robustness of the football industry as a whole.

UEFA Euro 2024 Annual Review Football Industry Rebounds from Pandemic Impact, Predicts Revenue Surge

UEFA's annual review of club finances paints a positive picture of the football industry. Recovery from the lingering impacts of the COVID-19 pandemic. Predictions indicate that total revenue is expected to surpass 26 billion euros .9 billion in the 2023 financial year. Driven by lucrative broadcast deals, commercial sponsorships, and ticket sales.

Notably, the top 20 revenue-earning clubs are projected to receive almost half of this income. Approximately half of these clubs are likely to be English. However, English clubs also accounted for a significant portion of the collective pre-tax losses incurred. By European clubs in 2022, totaling 764 million euros 0 million.

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Despite this, UEFA highlights positive signs from the first financial reports of clubs in 2023, with wage inflation showing signs of slowing down. Additionally, the report underscores the ongoing interest of American investors in European clubs, with their involvement in seven out of the 15 foreign takeovers of top-division Euro 2024.

Euro Cup: UEFA Report Highlights Global Sponsorship Impact on Premier League Clubs

UEFA highlighted that 17 out of the 20 main sponsors of Premier League clubs originated from outside England, with eight having headquarters in Asia. This trend underscores the global appeal of the Premier League and the eagerness of global companies to invest in football. English clubs continue to dominate various revenue metrics in European football, with nine of the top 20 earning clubs hailing from England. Brighton, for example, boasted an income just slightly below that of Serie A champions Napoli.

According to UEFA Euro 2024, sponsorships and commercial revenues play a significant role in distinguishing the very top clubs from the rest in terms of financial standing. Manchester City led the pack with 401 million euros (0 million) in commercial revenue, narrowly surpassing Barcelona in this regard. This substantial commercial revenue further emphasizes the financial strength and global reach of top-tier football clubs, contributing to their competitiveness on and off the field.

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Euro 2024: UEFA Highlights German Clubs' Success in Local Markets, Introduces New Revenue Ranking

UEFA pointed out that while global brand recognition is crucial, German clubs stand out for their prowess in local markets, leading to the highest median income of commercial income among all clubs. To gauge club popularity, UEFA introduced a new ranking table focusing solely on revenues derived from kit sponsorship and merchandise sales, which it deemed probably as good a measure of club popularity as any measure. Interestingly, Manchester City saw a drop in status in this ranking.

Barcelona emerged as the leader of this list with 179 million euros 2 million followed closely by Real Madrid and Bayern Munich. Among English clubs, Liverpool claimed the top spot at No. 4 with 132 million euros 2 million. While Manchester City ranked sixth among English clubs and No. 11 overall, earning 73 million euros million.

Notably, the top 20 list included clubs renowned for their historically passionate fan bases, such as Ajax, Celtic, Leeds, Galatasaray, and Fenerbahce, underscoring the global appeal of football beyond just the Euro 2024. This diverse representation speaks to the universal passion and loyalty that football inspires across different regions and cultures.

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