Premier League Sets Revenue Record in Europe
According to Deloitte's Annual Review of Football Finance, the European football market saw a substantial 16% increase, reaching €35.3 billion (S$51.2 billion) in the 2022–23 season. The "Big Five" European leagues, including the English Premier League, contributed significantly to this growth, generating €19.6 billion in total revenue, marking a 14% rise from the previous season.
Factors Driving Revenue Growth
The report attributes the revenue surge to several factors, including the complete lifting of COVID-19 restrictions and the impact of the 2022 FIFA World Cup held in Qatar. The Premier League, Bundesliga, La Liga, Serie A, and Ligue 1 all benefited from increased matchday revenue and lucrative sponsorship deals.
Premier League Sets New Records
The English Premier League, in particular, achieved a milestone by surpassing £6 billion (S$10.3 billion) in revenue for the first time, totaling £6.1 billion. Despite this achievement, the league's net debt increased from £2.7 billion to £3.1 billion, largely due to investments in infrastructure projects.
Bundesliga and Serie A's Remarkable Growth
Among the leagues, Bundesliga and Serie A clubs saw the largest percentage growth, with each recording a 22% increase in revenue compared to the previous season. Bundesliga clubs amassed €3.8 billion, while Serie A clubs reported €2.9 billion in revenue.
Challenges and Future Outlook
Tim Bridge, lead partner at Deloitte's Sports Business Group, highlighted that European football faces an "inflection point," emphasizing the need for strong governance and regulation amid the sport's global expansion. He urged industry leaders to unite in upholding governance principles to ensure a sustainable and competitive future.
Rise of Women's Super League (WSL)
The report also highlighted the Women's Super League (WSL), noting a remarkable 50% revenue growth among clubs following England's success in the 2022 Women's European Championship. Revenue for WSL clubs reached £48 million and increased to £68 million by 2024-25, underscoring the rising popularity and commercial potential of women's football.
