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A study from the KPMG auditing and consulting company revealed that Bayern Munich is the only one among the champions of the eight major domestic leagues in Europe to have made profits in the 2020-2021 season, which was affected by the Corona virus pandemic.
The German champions made a profit, after tax of 1.8 million euros, and recorded the lowest ratio of staff costs to operating income, at 58%.
“While the reopening of stadiums (to fans) and the recent conclusion of some major commercial deals have left some optimism, the pandemic has added to the problems of financial sustainability and the fragility of the football system,” said Andrea Sartori, head of the sports sector at the giant company.
These problems show that Inter Milan, the Italian champion, lost 245.6 million euros, while operating income amounted to 347.5 million euros, while Atletico lost the Spanish league champions 111.7 million euros, with revenue of 349.6 million euros.
Manchester City, the English Premier League champions, topped the list of revenues, amounting to 644.2 million euros, an increase of 17% compared to last season, according to the study.
City, which reached the Champions League final, passed its neighbor and rival Manchester United – which generated 557 million euros in revenue – for the first time.
Bayern came in second place with revenues of 597.5 million euros, while Besiktas, the Turkish champion, had the lowest revenues among the champion clubs in the eight major competitions in Europe; It earned 59 million euros.
Six clubs increased revenues from the sale of broadcasting rights and benefited from additional income for matches that were postponed in the 2019-20 season and played after June 2020.
