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09 Mar 2021

52.00

-1.38%

Bundesliga generated $4.5 billion amid pandemic last season

Business Standard

Germany's top division soccer clubs generated the third highest revenue figures ever last season, despite the coronavirus pandemic. Revenue for the 18 Bundesliga clubs for 2019-20 was 3.8 billion euros ($4.5 billion), down from 3.95 billion ($4.7 billion) the season before, according to the German soccer league's annual report released on Tuesday. The governing body, known as the DFL, said games in empty stadiums without supporters due to the hygiene measures against the virus contributed to revenue dropping by 5.7% across the top two divisions. The impact of the coronavirus will be even more pronounced in the 2020-21 season. One example of this is the international transfer market. In addition, a further decline in revenue from ticket sales is unavoidable, the DFL said. Most of last season was played with ticket-buying fans present. The first Bundesliga game in an empty stadium was the postponed derby between Borussia Mnchengladbach and Cologne on March 11, 2020. The league compl

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Decillion Finance Ltd.

26 Mar 2020

52.00

-1.38%

Coronavirus pandemic | Dortmund, Bayern, Leipzig, Leverkusen raise 20 million euros for clubs in crisis

Moneycontrol

The DFL Executive Committee will decide on the criteria for the distribution of the solidarity fund.

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Decillion Finance Ltd. News and Updates

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