PARIS (France): UEFA has released the 12 edition of The European Club Footballing Landscape report, its annual club licensing benchmarking report on European club football.
Providing a wide-ranging and precise deep delve into the European football finance landscape, this year’s edition provides the first authoritative and in-depth examination of how the pandemic has affected European football.
The report shows that clubs across all tiers of European football are forecast to miss out on €9bn of revenue in the 2019/2020 and 2020/2021 financial years.
In the report foreword, UEFA President Aleksander Čeferin, said: “In last year’s report, I said that European football was strong, united, resilient and ready for new challenges.
“But no one could have predicted that we would have to face the biggest challenge to football, sport and society in modern times.
“However, thanks to almost a decade of financial fair play regulations, before the outbreak European football could hardly have been in better financial shape.”
The report shows that top division club revenues had surged: with annual growth of 8.2%, the 711 top-division clubs added €1.9m to their revenues in 2019, while operating profits were the second highest ever recorded and club cash reserves and balance sheets were the strongest on record.