is he PSG in financial trouble? The latest published figures do not paint a picture of a club with particularly healthy finances. In its latest report on the champions of Europe’s eight major leagues in 2021-22, ‘Football Benchmark’, the football arm of audit and consultancy KPMG, published a huge payroll of 369 million euros of losses from Parisian club.
The ‘Football Benchmark’ analyzes and compares some of its most relevant business performance indicators to offer clubs a vision of the future. The 2021-22 season, according to this report, saw a progressive recovery of football clubs in terms of revenue. In fact, with the exception of FC Porto, all the champions surveyed were able to increase their operating income compared to the previous year, showing positive signs of a return to normality after the pandemic.
In addition, six clubs were able to improve the ratio between staff costs and income and, unlike last year’s one, there were four champions who made a profit last year: Manchester City FC, FC Porto, FC Bayern München, and Real Madrid CF .
Several interesting points emerged from the study. First: the City of Manchester it topped everyone in total operating income generated for the second consecutive year (731 million euros), surpassing Champions League winner Real Madrid (714). Second: the largest year-on-year percentage improvement in operating income was recorded by ajax (+51%), mainly thanks to their arrival in the round of 16 of the Champions League. Third: the PSG it recorded the highest commercial revenue of all European clubs but also the highest personnel cost reported by a football club (€728 million).
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
