Premier League clubs will see their income reduced by around 1.1 billion euros due to the coronavirus crisis, according to a study from the firm ‘Deloitte’.
COVID-19 is forcing clubs to do the math. And obviously, the coffers will be pretty affected.
Last season, 2018-19, clubs generated a combined income of more than 5.5 billion euros, but ‘Delottie’ expects this figure to lower due to the impact that the coronavirus is having on the economy of teams.
According to ‘Deloitte’, of this 1.1 billion lost, 557 million will be permanent, in television rights and match revenue, while the rest will be “postponed” until next season if this season is completed.
This economic brake is due to the money that has to be returned to the television operators because of the coronavirus impact, with the matches being played behind closed doors, for example, while the club also don’t get the income per match, such as ticket sales, season tickets, and other services.
This is going to be a big change to what happened last season when the income of clubs increased by 7% more than the year before.
Furthermore, the top 5 European leagues (England, Spain, Italy, Germany, and France) generated a total income of 15 billion euros, which is 9% more than the previous year.