{"id":44659,"date":"2024-08-08T11:13:59","date_gmt":"2024-08-08T11:13:59","guid":{"rendered":"https:\/\/www.safebettingsites.com\/?p=44659"},"modified":"2024-08-08T11:13:59","modified_gmt":"2024-08-08T11:13:59","slug":"overall-revenue-of-premier-league-clubs-down-by-40m-after-three-years-of-growth","status":"publish","type":"post","link":"https:\/\/www.safebettingsites.com\/2024\/08\/08\/overall-revenue-of-premier-league-clubs-down-by-40m-after-three-years-of-growth\/","title":{"rendered":"Overall Revenue of Premier League clubs down by \u00a340m, after three years of growth"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">The cumulative annual revenue of Premier League clubs witnessed a <\/span><span data-preserver-spaces=\"true\">small<\/span><span data-preserver-spaces=\"true\"> decline during the 2023-24 financial year. According to the numbers presented by <a href=\"https:\/\/www.safebettingsites.com\/\">SafeBettingSites.com<\/a>, the Premier League clubs generated \u00a36,018 million in revenue in 2023-24. Compared to the previous year, the revenue dropped by \u00a340m.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Revenues dropped by 0.07% to \u00a36,018 <\/span><span data-preserver-spaces=\"true\">million<\/span><\/h2>\n<img decoding=\"async\" class=\"wp-image-44660 aligncenter\" title=\"\" src=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/08\/euro-prize-money-13.png\" alt=\"Premier League revenue\" width=\"850\" height=\"900\" srcset=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/08\/euro-prize-money-13.png 1400w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/08\/euro-prize-money-13-283x300.png 283w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/08\/euro-prize-money-13-967x1024.png 967w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/08\/euro-prize-money-13-768x813.png 768w\" sizes=\"(max-width: 850px) 100vw, 850px\" \/>\n<p>&nbsp;<\/p>\n<p><span data-preserver-spaces=\"true\">After three years of sustained growth following COVID-19, Premier League clubs witnessed stagnation in overall revenues during 2023-24.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As per the numbers from Deloitte, Premier League clubs <\/span><span data-preserver-spaces=\"true\">made<\/span><span data-preserver-spaces=\"true\"> a total of \u00a36018 million in revenue during 2023-24. The overall revenue dropped by \u00a340m, or 0.07%, from \u00a36,058 million earned in 22-23.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The drop seems insignificant in front of the overall revenue, but the disappointing aspect is that it comes after three years of sustained growth. The overall revenue witnessed a sharp dive in 2019\/20 owing to the pandemic. The revenues dropped by 12.7% from \u00a35,150 million in 2018\/19 to \u00a34,493 million in 2019\/20. Next year, the effects of the pandemic lingered as clubs made minimal matchday income. However, the overall revenue grew <\/span><span data-preserver-spaces=\"true\">by<\/span><span data-preserver-spaces=\"true\"> 8.3% to \u00a34,869 million in 2020-21. The growth continued in 2021-22 as the overall revenue crossed the pre-pandemic levels for the first time. <\/span><span data-preserver-spaces=\"true\">Premier League clubs made a total of \u00a35,455 million in revenue in 21-22, indicating a <\/span><span data-preserver-spaces=\"true\">growth of<\/span><span data-preserver-spaces=\"true\"> more than 12%.<\/span><span data-preserver-spaces=\"true\"> The revenues continued to grow in 2022-23 as overall revenue reached \u00a36,058 million, a further increase of 11%. <\/span><span data-preserver-spaces=\"true\">However, this <\/span><span data-preserver-spaces=\"true\">period of growth has come to an end<\/span><span data-preserver-spaces=\"true\"> in 2023-24 as overall revenue has decreased by a small amount of \u00a340m.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Nevertheless, <\/span><span data-preserver-spaces=\"true\">as<\/span><span data-preserver-spaces=\"true\"> per the same report, Premier League clubs will recover from this <\/span><span data-preserver-spaces=\"true\">small<\/span><span data-preserver-spaces=\"true\"> dip in 2024-25. Overall revenues in 24-25 are expected to reach \u00a36,384 million following a 6.1% increase.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Broadcasting contributes to 53% of overall <\/span><span data-preserver-spaces=\"true\">revenue<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The distribution of the revenue earned by Premier League clubs tells us that broadcasting revenue has become <\/span><span data-preserver-spaces=\"true\">the primary source of income for clubs<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In 2023-24, broadcasting rights contributed \u00a33,173 million in revenue, making up 53% of the overall figure. <\/span><span data-preserver-spaces=\"true\">Commercial revenue was the second <\/span><span data-preserver-spaces=\"true\">biggest<\/span><span data-preserver-spaces=\"true\"> source of income for clubs <\/span><span data-preserver-spaces=\"true\">as it contributed<\/span><span data-preserver-spaces=\"true\"> 33%, \u00a31,975 million, of the overall income.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Matchday revenue <\/span><span data-preserver-spaces=\"true\">used to be a <\/span><span data-preserver-spaces=\"true\">major<\/span><span data-preserver-spaces=\"true\"> source of income<\/span><span data-preserver-spaces=\"true\"> for clubs not long ago.<\/span><span data-preserver-spaces=\"true\"> However, in 2023-24, it only contributed <\/span><span data-preserver-spaces=\"true\">to<\/span><span data-preserver-spaces=\"true\"> 14% of the entire income, or \u00a3871 million.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cumulative annual revenue of Premier League clubs witnessed a small decline during the 2023-24 financial year. According to the numbers presented by SafeBettingSites.com, the Premier League clubs generated \u00a36,018 million in revenue in 2023-24. Compared to the previous year, the revenue dropped by \u00a340m. Revenues dropped by 0.07% to \u00a36,018 million &nbsp; After three &hellip; <\/p>\n","protected":false},"author":83,"featured_media":44257,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-44659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Overall Revenue of Premier League clubs down by \u00a340m, after three years of growth - https:\/\/www.safebettingsites.com<\/title>\n<meta name=\"description\" content=\"The cumulative annual revenue of Premier League clubs witnessed a small decline during the 2023-24 financial year. According to the numbers presented by SafeBettingSites.com, the Premier League clubs generated \u00a36,018 million in revenue in 2023-24. Compared to the previous year, the revenue dropped by \u00a340m. Revenues dropped by 0.07% to \u00a36,018 million &nbsp; After three &hellip;\" \/>\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.safebettingsites.com\/2024\/08\/08\/overall-revenue-of-premier-league-clubs-down-by-40m-after-three-years-of-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Overall Revenue of Premier League clubs down by \u00a340m, after three years of growth - https:\/\/www.safebettingsites.com\" \/>\n<meta property=\"og:description\" content=\"The cumulative annual revenue of Premier League clubs witnessed a small decline during the 2023-24 financial year. According to the numbers presented by SafeBettingSites.com, the Premier League clubs generated \u00a36,018 million in revenue in 2023-24. Compared to the previous year, the revenue dropped by \u00a340m. 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He has been writing about the beautiful game for the last 6 years contributing articles to The Daily Mail, Vocal, Fan Sided and many other publications. He can spin stories with numbers and thinks data is beautiful. An avid Arsenal fan, he spends most of his time dissecting the nuances of the game. He has played football, cricket and badminton at an amateur level.\",\"url\":\"https:\/\/www.safebettingsites.com\/author\/vyom\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Overall Revenue of Premier League clubs down by \u00a340m, after three years of growth - https:\/\/www.safebettingsites.com","description":"The cumulative annual revenue of Premier League clubs witnessed a small decline during the 2023-24 financial year. According to the numbers presented by SafeBettingSites.com, the Premier League clubs generated \u00a36,018 million in revenue in 2023-24. Compared to the previous year, the revenue dropped by \u00a340m. 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