An overview of the European football business
There has been a lot of development in the football industry, which is always adapting to meet the demands of one of the world's most popular sports. Based on Deloitte's Football Money League study, this article will present an overview of the European football industry.
The top five teams in terms of income for the 2018–19 season were Real Madrid, Barcelona, Manchester United, Bayern Munich, and Paris Saint–Germain, who brought in over $4 billion altogether, as reported by the Deloitte Football Money League. Broadcasting rights, sponsorship deals, and gate receipts are the key income streams for these teams. Television rights account for 44% of overall earnings for these teams. There is a 30% contribution from sponsors and a 26% contribution from matchday sales.
During the 2018–19 season, the English Premier League earned a record-breaking $6.4 billion, making it the most lucrative of Europe's elite football leagues. The next highest earners are La Liga ($4.2 bn), the Bundesliga ($3.4 bn), Serie A ($2.3 bn), and Ligue 1 ($1.8 bn). Broadcasting rights, sponsorship deals, and gate receipts are just some of the ways in which these leagues make money.
These top teams make a disproportionate share of the league's total income, and the difference between them and the rest of the clubs is substantial. Revenues during the 2018-2019 season ranged from €750.9 million for Real Madrid to €314 million for the 20th-place Leicester City.
In conclusion, football as a business is an ever-changing and innovative field. It's safe to say that football will only continue to gain in popularity over the next several years.
References : Deloitte Football Money League: https://www2.deloitte.com/uk/en/pages/sports-business-group/articles/deloitte-football-money-league.html
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