The health crisis has had a strong economic impact on PSG.
Among the European champions, Liverpool in England to Real Madrid in Spain, via Bayern in Germany or the Juventus in Italy, the PSG is the national flagship that suffered the biggest losses during the 2019-2020 financial year. Covid-19 requires, the Parisian club recorded a deficit of 125.8 million euros at the time of closing its balance sheet. Lack of income, of course.
Between the ticket office, which suffered a shortfall of 23.6 million euros alone, the various commercial income and TV rights, PSG lost no less than 95.4 million euros compared to the previous season – a fall of 15% of its revenues when the payroll, it jumped 10% to reach 405.6 million euros (or 75% of the club’s income).
Strongly impacted by the crisis also, FC Porto itself does not display such a deficit (116.2 million euros). Juventus, which somewhat limited the damage by renegotiating the emoluments of its players, either (89.7 million euros). The real Madrid and the Bayern Munich managing for their part to record profits: +300,000 euros for the Merengues and + 5.9million euros for the Bavarians.
The outright stoppage of the championship on the evening of the 28e lifting obviously did not help PSG. But the worst is certainly to come, the current season promising to be even more gloomy. Between the complete closed-door and the Mediapro flop in terms of Ligue 1 broadcasting rights, the 2020-2021 accounting year will not be the most flourishing.
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