Bundesliga revenue down 5.4 per cent in 2019/2020 due to coronavirus

Bundesliga clubs saw their revenue drop by 217.5 million euros (258 million dollars) last season due to the impact of the pandemic, the German League (DFL) said on Tuesday.

Presenting its financial report for the 2019/2020 season, the DFL said the 18 top-flight clubs generated 3.8 billion euros, down 5.4 per cent from 4.02 billion euros in the previous campaign.

Revenue had risen 15 straight seasons but with games played behind closed doors for the final nine of 34 match days a drop was inevitable.

Ticket sales alone went down 30 per cent to 363.5 million euros, the DFL said.

“No one was prepared for the crisis and the extent to which it would affect all areas of life worldwide, and German professional is no exception,” DFL boss Christian Seifert said.

“It is clear that the massive ramifications of the pandemic will require all clubs to continue to act with financial discipline and foresight.”

The DFL said because most of the current season is also being played without fans that “the impact will be even more pronounced.”

Seifert said last year that clubs could lose up to 2 billion euros in income owing to the pandemic between 2020 and 2022.

Tuesday’s report said only eight top-flight clubs had a positive result after taxes last season, down from 14 in 2018/2019, and that payrolls remained the biggest expenditure at 1.44 billion euros.

The DFL report also said Bundesliga and second division clubs paid 1.4 billion euros in taxes and duties and almost 53,000 people were employed directly or indirectly in German professional .(dpa/NAN)

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