2/13/2019 5:55:59 PM (GMT+3)

Bundesliga garners record revenue in 2017-18 season

Bundesliga garners record revenue in 2017-18 season

NEW DELHI: Bundesliga has become a profitable venture with the German league reporting a total revenue of €4.42 billion and creating a large number of jobs in the last season.

In the past ten years, German professional football has seen average annual growth of 8.6 per cent. The latest revenue increase of just over 10 per cent compared with 2016-17 is shown in the “2019 DFL Economic Report”, published on Wednesday by the DFL, which presents the economic figures for the Bundesliga and Bundesliga 2.

The bumper figure for the 2017-18 season is the 14th year in succession that the Bundesliga and second Bundesliga, Germany's top two leagues, increased their cumulative revenue.

The Bundesliga alone recorded total revenue of €3.81 billion in the past season.

This represents growth of around 13 per cent compared with the 2016-17 season (€3.37 billion) and is almost double the figure recorded seven years ago in 2010-11 (€1.94 billion).

17 of the 18 Bundesliga clubs generated revenue in excess of €100 million in the 2017-18 season.

The Bundesliga clubs also achieved a record equity, which amounted to €1.6 billion, double the figure recorded in the 2013-14 season (€807.3 million).

“German professional football has continued its positive development,” said Christian Seifert, DFL chief operating officer.

The figure has had a knock-on impact in creating jobs with a record high of 55,142 people now employed by clubs and their subsidiaries.

“This is driven in particular by revenue from the current national media contracts, which are reflected in the balance sheets for the first time,” he added. “Digitalisation and globalisation will open up new opportunities for German professional football in the coming years.”

The DFL’s 2019 economic report shows that 17 of the 18 Bundesliga clubs generated revenue in excess of 100 million euros in 2017-18.

The 2019 Deloitte Football Money League, published last month, put defending Bundesliga champions Bayern Munich fourth in the list of Europe's richest clubs behind Real Madrid, Barcelona and Manchester United, with profit of 629.2 million euros for 2017-18. (Source: Bundesliga)