Covid-19 Has Cost Europe’s Top Soccer Clubs Billions

Source: Statista

UEFA has released the twelfth edition of The European Club Footballing Landscape report which has provided an in-depth insight into how the pandemic has impacted all tiers of European soccer. The research projects that top clubs are set to lose some €7.2 billion in revenue. Of that figure, €3.6 billion is expected to be lost from gate receipts, €2.4 billion will be lost from sponsorship and commercial deals, while €1.2 billion worth of broadcasting revenue will also be lost.

This actually represents the lowest range estimate and losses could end up being as high as €8.2 billion. Despite the devastating impact of the pandemic which also led to 210 million fewer matchday supporters, UEFA states that overall interest in European club soccer remains higher than ever. As well as that, record television viewing figures, record numbers of new club investors and a rebound in club web traffic all point to a bright future when stadiums open their doors again.

The Most Expensive Footballers of All Time

Source: Statista

Chelsea‘s signing of Belgian striker Romelu Lukaku from Inter Milan this week for €115m has made the 28-year-old the most expensive footballer of all time. Not to be mistaken with the highest single transfer fee, Lukaku’s five career transfers now total €327.6m, according to figures from Transfermarkt.com. That takes him ahead of Brazilian superstar Neymar, who has generated tranfer fees to the value of €310.2m in his career so far, albeit with only two moves.

That’s not the only record broken with this transfer, either. Transfermarkt adds: “The forward set two further records. In addition to the most expensive sale of a Serie A club…Lukaku is also the new record signing at Chelsea. This position was previously held by Kai Havertz and goalkeeper Kepa with €80 million each. Furthermore, Lukaku joins a group of now twelve players who have cost at least €100 million.”