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Despite the Corona crisis - Real Madrid achieves the largest revenues among the elite clubs

 Despite the Corona crisis - Real Madrid achieves the largest revenues among the elite clubs.

 

 

Real Madrid

Despite the Corona crisis - Real Madrid achieves the largest revenues among the elite clubs


 A study by the auditing firm KPMG revealed that Real Madrid achieved total revenues of 681.2 million euros during the 2019-2020 season, the largest number among clubs with domestic titles in the six major leagues.

Although the royal club's revenues fell last season by 8%; However, it beats the revenues of German champions Bayern Munich (607.2 million euros), Liverpool champions England (557 million euros), and French champions Paris Saint-Germain (540.6 million euros).

The revenue of Juventus, the Italian champion, amounted to 401.4 million euros, while the revenue of Portuguese champion Porto was the lowest among the six champions, as it only achieved 87.3 million euros.

The study confirmed that all major competition champions in Europe suffer from a decrease in operating profits. Due to the economic impacts of the Corona pandemic.

With many matches canceled or held without fans since March until now, matchday revenue losses for all major competition champions except Porto were the largest for these clubs, and Real Madrid suffered losses of 34.9 million euros.

Only Bayern Munich (5.9 million euros) and Real Madrid (300 thousand euros) achieved net profits for the champions clubs for the 2019-20 season, unlike the case in the 2018-2019 season when all the champions clubs made profits.

Paris Saint-Germain suffered the biggest net loss, amounting to 125.8 million euros, as the French league was the only one in major domestic competitions that was decided not to complete it last season.

 

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