European football clubs’ revenue declines by £3.4bn over pandemic
- Combined revenue falls to £22bn, according to Deloitte
- Bundesliga overtakes La Liga as second most lucrative league
The pandemic led to a rare decline in the financial firepower of European football during 2019-20, according to a report that charts how Covid-19 has affected the hierarchy of the continental game.
The combined revenue of European clubs declined by £3.4bn to £22bn, according to the Deloitte Annual Review of Finance, with even the “Big Five” leagues – in England, Spain, German, France and Italy – feeling the pinch.