Premier League’s 2021-22 revenue doubled La Liga’s

Deloitte’s yearly financial report shows that the Premier League took the top spot in the European football market in the 2021–22 season.

Premier League’s 2021-22 revenue doubled La Liga’s

In 2021-22, the English Premier League brought in £5.5 billion more than Spain’s La Liga.Europe’s income grew by 10% because people went back to stadiums after the Covid-19 pandemic.

Tim Bridge, a lead partner in Deloitte’s Sports Business Group, said, “The big picture numbers show that European football has come out strong from its toughest time to date.”

“After Covid-19 restrictions were lifted, fans’ pent-up demand led to record-breaking matchday and commercial revenues across Europe.”

The Premier League made a total of £763 million from matchdays. This is a rise of £732 million from the 2020-21 season, when most of the games were played behind closed doors.

After all football stadiums reopened in August 2021, the average attendance for the season hit an all-time high of 39,950, which helped to beat the pre-pandemic matchday revenue of £684 million from the 2018-19 season.

Deloitte said that fans’ renewed interest in football after the pandemic was the reason why the Premier League’s advertising income hit a new high of £1.7bn.

Bridge said that foreign interest was still driving the Premier League’s revenue growth, but he warned that “sustainable operating, funding models, and acting with integrity” were the most important things for the league’s “longevity and ultimate success.”

Even though seven Premier League teams said their pay went down, the total wage costs for players and non-players went up by 6% to £192m. This is the second year in a row that the costs have gone up.

Wage increases still aren’t as fast as revenue growth, but running costs went up by £395m, so clubs’ operational profit, which doesn’t include money for player transfers, went down by £1m from the previous year to £459m in 2021-22.

But when new owners took over Newcastle United and Chelsea, the net debt of Premier League clubs went down by 34%, from £4.1 billion to £2.7 billion.

How are the big five different?
Even though La Liga’s income will go up by 11% to 3.3 billion euros (£2.8 billion) in the 2021-22 season, it will still be half of what the Premier League makes.

Again, the major reason for the rise in revenue across Europe was the loosening of Covid-19 rules. For example, Spanish top-tier clubs made 409 million euros (£349 million) from matchday income, which is a 353 million euro (£302 million) increase from 2019-20.

Germany’s Bundesliga was messed up when Covid rules were brought back for a while in the middle of the season, but the league’s income went up by 5% to 3.1 billion euros (£2.6 billion).

Ligue 1 clubs in France, on the other hand, saw their total income grow by the most, by 26%, from 412 million euros (£353 million) to a new high of 2 billion euros (£1.7 billion).

The only one of the big five leagues to see a drop in total revenue was Italy’s Serie A. Its total revenue dropped by 7% to 2.4 billion euros (£2.1 billion) because the value of its domestic and foreign broadcast deals went down.

Deloitte’s Bridge said that the introduction of Uefa’s latest financial sustainability regulations, which will limit clubs’ spending on wages, transfers, and agents’ fees, had put European clubs at a crossroads between “the most important regulatory changes the game has ever seen and a wave of investment into global football to challenge the established system.”

“Because new leagues want to grow and get the best players on the pitch, the future of European clubs may depend on how stable their finances are and whether they can use that to stay competitive and relevant,” Bridge said.

The net debt of championship teams is “significant.”
In the 2021-22 season, all of the money made by the Championship, League One, and League Two was more than £1 billion.

The second tier in England saw its income go up by 13%, to £676 million. League One’s income went up by 71%, to £220 million, and League Two’s went up by 32%, to £124 million.

Even though wage costs will go down for the second year in a row in 2021-22, wages in the Championship will still be 108% higher than income.

In 2021-22, the net debt of Championship teams was £1.7bn, which Bridge called “significant.” He said that “long-term decisions” needed to be made to stop Championship clubs from “overstretching financially” because they want to get into the Premier League.


Recent Articles

Related Stories

Leave a reply

Please enter your comment!
Please enter your name here