Berlin, April 2 (BNA): Revenues generated by Bundesliga clubs in the 2020-21 season shrank by more than 8.5% to 3.47 billion euros ($3.84 billion) from 3.8 billion after the coronavirus led to most matches being played without fans. The German Football Association (DFL) announced on Friday.
Reuters reported in a report that the revenue shortfall was particularly evident from ticket sales, which amounted to 22.4 million euros in 2020-2021, compared to 520 million in the 2018-2019 season before the outbreak of the epidemic.
In December 2020, the Bundesliga predicted a sales volume drop of around €1 billion during the 2020-21 season if fans are forced to stay away throughout the campaign.
“Over the past two years, the pandemic has already had a significant economic impact on the Bundesliga… Unfortunately, it is also affecting the current season, primarily because the stands should have often remained empty,” said spokesman Donata Hopfen. From the DFL Executive Committee.
The report indicated that clubs are becoming less willing to make significant investments in new players after transfer revenues also saw another big drop to 469 million euros, down from 533 million in the 2015-16 season.
“We are facing an unprecedented situation,” Hopfen added. “The era of growth seems to be taking for granted.” “Without a doubt, this will greatly affect our development in the coming years.
“However, big challenges always come with great opportunities. We must explore new ways to make German professional football a guide to the future while staying true to our traditions and values.”
She did not go into details.
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