7.3 (Financial Pandemic impacts across football landscape)

What was the Financial impact of the Pandemic?

Ability for many clubs to operate has become very challenging

Match day revenues, broadcasting and sponsorship revenue streams have all been affected -> widespread liquidity shortfalls

20+ years of revenue growth stopped and became negative

41% drop in transfer spending, 18% increase in transfer costs (amortisation)

Record losses ob 3bn/4bn in 20/21

Third party debts increased -> Interest charges weigh on future profits

Some future revenues have also been sold off by a small number of clubs

Stadium investments lower, probably postponed

PE hungry to exploit the situation, Trend for cross ownership relations continuing