On Friday, the German League released the financial report for the 2020/2021 season. First and second division clubs in Germany have lost more than one billion euros since the start of the Covid-19 pandemic.
Revenue declines at the end of the first two seasons affected by Covid-19 exceeded €1 billion. The global revenue of the two championships decreased by more than 750 million euros compared to the last season before the pandemic: from 4.8 to 4.05 billion euros”, said the CEO of the German Football League, Donata Hopfen, during the presentation. The report said.
The significant drop in box office revenue, which fell by about 95%, was recorded from 650 million euros in 2018/2019 to only 35.5 million euros last season: “In the past two years, the epidemic has had a significant economic impact on the German Bundesliga. Unfortunately, it affects This is also for the current season, mainly because, again, the stands often remain empty. We are facing an unprecedented situation.”
In terms of transfers, the report shows that German clubs are becoming less willing to make big investments, with a significant drop as well, settling at €469m.
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