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Premier League 'Under Strain' Despite Record £6.3 Bn Revenues
- Europe’s top five football leagues collectively earned more than 20 billion euros in revenue during the 2023-24 season, with the Premier League achieving a record total of £6.3 billion.
- This financial expansion took place despite ongoing uncertainty surrounding the future oversight structure, as the Football Governance Bill aims to establish a new regulatory body to oversee England’s five highest football divisions.
- The Deloitte report highlights challenges including fan unrest over rising ticket prices and concerns about competitive balance, especially given that all promoted clubs were relegated after one season in the past two campaigns.
- Tim Bridge from Deloitte highlighted that addressing the financial challenges caused by the frequent promotion and relegation of clubs is crucial for sustaining their investment capacity and maintaining a competitive and balanced league.
- The report suggests that clear governance and regulation are essential for sustaining fan engagement, competitive balance, and investor confidence while Spain’s LaLiga welcomed the regulator and the Premier League's financial lead remains strong.
41 Articles
41 Articles
Premier League ‘under strain’ despite record £6.3bn revenue
LONDON - The combined revenue of Premier League clubs rose to a record £6.3 billion ($8.5 billion) in the 2023-24 season, but fan unrest and worsening competitive balance are cause for concern, according to the management consultancy Deloitte.
Premier League ‘under strain’ despite record £6.3 bn revenues
The combined revenue of Premier League clubs rose to a record £6.3 billion ($8.5 billion, 7.5 billion euros) in the 2023/24 season, but fan unrest and worsening competitive balance are cause for concern, according to financial experts Deloitte. The rise in income for England's 20 top-flight clubs was fuelled by commercial income surpassing £2 billion
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Premier League 'under strain' despite record £6.3 bn revenues
The combined revenue of Premier League clubs rose to a record £6.3 billion ($8.5 billion, 7.5 billion euros) in the 2023/24 season, but fan unrest and worsening competitive balance are cause for concern, according to financial experts Deloitte.
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