{"id":25027,"date":"2022-08-19T13:45:32","date_gmt":"2022-08-19T13:45:32","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-football-in-significant-recovery-after-covid-19-deloitte"},"modified":"2022-08-19T13:59:18","modified_gmt":"2022-08-19T13:59:18","slug":"european-football-in-significant-recovery-after-covid-19-deloitte","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-football-in-significant-recovery-after-covid-19-deloitte","title":{"rendered":"European football in \u2018significant recovery\u2019 after Covid-19 \u2014 Deloitte"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>The European football market made \u201ca significant recovery\u201d in 2020-21 despite fans being absent for most of the season, says finance company Deloitte.<\/p>\n

In 2019-20, the coronavirus pandemic saw European leagues\u2019 revenue decrease for the first time since 2008-09.<\/p>\n

But deferred broadcast revenues and the success of Euro 2020, delayed to the summer of 2021, were the main factors in the turnaround.<\/p>\n

Revenue for the \u2018big five\u2019 European leagues (England, Spain, Italy, Germany, France) is now projected to surpass pre-pandemic levels in 2021-22. Deloitte\u2019s Tim Bridge, speaking about his company\u2019s \u2018Annual Review of Football Finance\u2019 said leagues and clubs had worked hard to seek external investment following the pandemic with a \u201cshift in trends around transfer spending and club operations\u201d.<\/p>\n

However, he now predicts \u201can exciting period\u201d that will \u201cchallenge clubs to break from tradition\u201d.<\/p>\n

\u201cIt\u2019s testament to the resilience of the industry, the value driven by broadcast deals and the success of the Euros that the European football market has achieved tenacious growth, in revenue terms, over the past year,\u201d said Bridge.<\/p>\n

The \u2018big five\u2019 European leagues represent a 57 per cent share of the European football market, but revenue polarisation between and within European leagues continues to grow.<\/p>\n

In 2019-20, the Premier League, Serie A, La Liga seasons and Uefa club competitions were completed during the 2020-21 financial year, so a portion of broadcast revenue related to 2019-20 is actually recognised in 2020-21.<\/p>\n

Deferred broadcast revenue is the main reason for the Premier League\u2019s growth in 2020-21, while Serie A\u2019s revenue increased by 23 per cent to a record high of \u00a32.2bn. Revenue in La Liga and the Bundesliga fell slightly while Ligue 1\u2019s grew by just one per cent.<\/p>\n

The Premier League is further ahead of the competition than ever before and is expected to extend its revenue advantage.<\/p>\n

It generated almost double that of the Bundesliga (\u00a32.7bn) in 2020-21, with La Liga and Serie A narrowly further back.<\/p>\n

With fans being back and a new Uefa broadcasting cycle from 2021-22 to 2023-24, the 2022-23 season is forecast to see the \u2018big five\u2019 generate a record of \u00a316.4bn aggregate revenue.<\/p>\n

Premier League clubs\u2019 wage costs increased 5% to \u00a33.5bn in 2020-21, with only seven of the 17 consistent Premier League clubs reporting a reduction. While operating profits increased, only four clubs reported a pre-tax profit and pre-tax losses remained significant despite decreasing from \u00a3991m to \u00a3669m.<\/p>\n

Also, 78 per cent of the Premier League\u2019s aggregate commercial revenue was generated by its \u2018big six\u2019 clubs.<\/p>\n

The average revenue per club was \u00a3243m, with the sixth highest \u2014 Arsenal (\u00a3325m) \u2014 well clear of the seventh highest \u2014 Leicester City (\u00a3226m).<\/p>\n

While the revenue gap between the \u2018big six\u2019 and the rest decreased by \u00a356m, it is expected to grow as matchday revenue increases and the \u2018big six\u2019 benefit from the new Uefa broadcast cycle.<\/p>\n

Bridge said that the Premier League \u201cemerged from the pandemic without as significant an increase in net debt as many might have expected\u201d but stressed the need for \u201cstrong governance and financial planning in the years ahead\u201d.<\/p>\n

The competitive advantage of clubs with parachute payments has had an impact in the Championship, along with the cycle of clubs gambling on promotion.<\/p>\n

Combined revenue decreased by 12 per cent to \u00a3600m, largely due to matchday revenue falling by \u00a3101m, and although Championship clubs managed to reduce wage costs by eight per cent to \u00a3747m, they exceeded revenue for the fourth consecutive year – with a record high wages\/revenue ratio of 125 per cent.<\/p>\n

In League One, club revenues fell by 22 per cent to \u00a3129m and the average wage costs of \u00a35.5m surpassed revenue for the first time with a wages\/revenue ratio of 103 per cent.<\/p>\n

As for League Two, club revenues fell by four per cent to \u00a394m and the wage cost was \u00a33.1m, with a ratio of 80 per cent.<\/p>\n

\u201cThere now can be no doubt that significant change is required to drive long-term financial sustainability in the Championship,\u201d added Bridge.<\/p>\n

Deloitte was unable to perform the same kind of audit on the women\u2019s game as the men\u2019s. But, after a record-breaking year, with more tickets being sold across Euro 2022 than any other European Women\u2019s Championship (500,000) and a record 17.4m viewers tuning into the BBC\u2019s coverage of the Euros final, between England and Germany, Deloitte says they will continue to report on the progress of the women\u2019s game.<\/p>\n

Commercial was the largest revenue stream for women\u2019s clubs \u2014 bringing in over 50 per cent of total revenue \u2014 with clubs reporting an increase of 30 per cent overall in 2020-21, the strongest period of growth. Broadcast revenue grew by over 20 per cent with the Women\u2019s Super League securing a \u00a38m rights deal with BBC and Sky Sports, increasing viewership by 285 per cent in its first year.<\/p>\n

Uefa says that women\u2019s football in Europe could have a commercial value of \u00a3578m a year by 2033 with the fanbase for the game potentially rising from 144 million to 328 million across that period.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. The European football market made \u201ca significant recovery\u201d in 2020-21 despite fans being absent for most of the season, says finance company Deloitte. In 2019-20, the coronavirus pandemic saw European leagues\u2019 revenue decrease for the first time since 2008-09. But deferred broadcast revenues and the success of Euro 2020, delayed to the […]<\/p>\n","protected":false},"author":84,"featured_media":25026,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,17,16],"tags":[233,281,283],"class_list":["post-25027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-sport","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nEuropean football in \u2018significant recovery\u2019 after Covid-19 \u2014 Deloitte - Mozambique<\/title>\n<meta name=\"description\" content=\"The European football market made \u201ca significant recovery\u201d in 2020-21 despite fans being absent for most of the season, ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-football-in-significant-recovery-after-covid-19-deloitte\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European football in \u2018significant recovery\u2019 after Covid-19 \u2014 Deloitte\" \/>\n<meta property=\"og:description\" content=\"The European football market made \u201ca significant recovery\u201d in 2020-21 despite fans being absent for most of the season, ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-football-in-significant-recovery-after-covid-19-deloitte\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-19T13:45:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-19T13:59:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/08\/postQueueImg_2-62ff971fb23cc.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"749\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-football-in-significant-recovery-after-covid-19-deloitte#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-football-in-significant-recovery-after-covid-19-deloitte\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"European football in \u2018significant recovery\u2019 after Covid-19 \u2014 Deloitte\",\"datePublished\":\"2022-08-19T13:45:32+00:00\",\"dateModified\":\"2022-08-19T13:59:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-football-in-significant-recovery-after-covid-19-deloitte\"},\"wordCount\":852,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-football-in-significant-recovery-after-covid-19-deloitte#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/08\/postQueueImg_2-62ff971fb23cc.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"homepage-english\",\"sport\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-football-in-significant-recovery-after-covid-19-deloitte#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-football-in-significant-recovery-after-covid-19-deloitte\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/european-football-in-significant-recovery-after-covid-19-deloitte\",\"name\":\"European football in \u2018significant recovery\u2019 after Covid-19 \u2014 Deloitte - 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