The cost of the pandemic for European football is also heavy

Sharp "fall" in the transfer market for the financial years 2019-2020 and 2020-2021.

kornoios bala podosfairo pandemic, Football

The coronavirus pandemic cost European football 7 billion euros in two seasons, according to a report published today (03/02) by UEFA, which highlights the sharp "fall" in the transfer market for the financial years 2019-2020 and 2020 -2021.

According to UEFA, European clubs faced a deficit of 4 billion euros in 2019-2020 and 3 billion in the next financial year, after twenty years of continuous growth.

In this case, ticket revenue fell sharply due to empty stadiums (with 4,4 billion euros in lost revenue), reduced commercial and sponsorship activities (showing a reduction of 1,7 billion euros) and television rights (0,9 billion). billion).

These results are very close to the forecasts made by UEFA in May 2021, which projected revenue reductions of 7,2 billion euros for the two years and for the 711 top clubs in Europe.