{"id":811,"date":"2020-07-28T08:48:12","date_gmt":"2020-07-28T08:48:12","guid":{"rendered":"https:\/\/www.safebettingsites.com\/?p=811"},"modified":"2022-03-31T08:22:20","modified_gmt":"2022-03-31T08:22:20","slug":"revenue-of-the-big-five-european-football-leagues-to-plunge-by-e1-9bn-in-2020","status":"publish","type":"post","link":"https:\/\/www.safebettingsites.com\/2020\/07\/28\/revenue-of-the-big-five-european-football-leagues-to-plunge-by-e1-9bn-in-2020\/","title":{"rendered":"Revenue of the Big Five European Football Leagues to Plunge by \u20ac1.9bn in 2020"},"content":{"rendered":"

The COVID-19 pandemic has had a massive impact on the entire sports industry, causing thousands of competitions and professional leagues to be canceled or postponed. Despite the efforts of broadcasters, club owners, and sponsors to minimize consequences of canceled matches and empty stadiums, the coronavirus lockdown is still expected to produce a costly financial hit this year.<\/p>\n

According to data gathered by SafeBettingSites<\/a>, the combined revenue of the big five European football leagues is expected to amount to \u20ac15.1bn in the 2019\/20 season, a \u20ac1.9bn plunge in a year.<\/p>\n

English Premier League to Lose \u20ac1 Billion <\/strong><\/h3>\n

The revenue of the European football clubs has soared in the last twenty years, driven by a surge in broadcast rights values. In the season 2009\/10, profits of the big five European football leagues amounted to \u20ac8.4bn, revealed Deloitte Annual Review of Football Finance 2020. Over the last decade, this figure grew by 115%, reaching \u20ac17bn in the season 2018\/2019.<\/p>\n

Statistics show the combined revenue of all English Premier League clubs is expected to plunge by \u20ac1.04bn reaching \u20ac4.8bn in the season 2019\/2020, the most significant financial hit among Europe\u2019s leagues. Nevertheless, teams in the top division in England are expected to generate at least \u20ac1.5 bn more than their counterparts in Germany and Spain, who rank second and third, respectively.<\/p>\n