Over the last two decades, football became a massive cash-generating industry bringing millions of dollars of profit across Europe. However, the COVID-19 crisis produced a costly financial hit to European football leagues, causing their clubs’ revenues to plunge deep below 2019 levels.<\/p>\n
According to data presented by Safe Betting Sites<\/a>, the combined revenues of FC Barcelona, Real Madrid, FC Bayern Munich, Manchester United, and Liverpool FC, as Europe’s five biggest football clubs, hit over $3.5bn in 2021, $330 million less than before the pandemic struck.<\/p>\n Considerable drops in broadcast and matchday profits triggered by lockdowns caused football<\/a> clubs’ revenues to fall significantly amid the COVID-19 pandemic.<\/p>\n The Forbes data revealed that FC Barcelona ranked as the leader among the European football clubs, with $792 million in revenue in 2021, compared to $824 million two years ago. Despite that, the team value of the Spanish club increased by $800 million, rising from $4bn in 2019 to $4.8bn in 2021.<\/p>\nReal Madrid’s Revenues Plunged by $104M in Two Years, Three Times Bigger Loss than FC Barcelona<\/strong><\/h3>\n