The charts below show some of the mind-boggling numbers involved in the world's richest leagues and where the financial strains are most acute.The combined value of the top 32 European teams has grown over 50% since 2016 according to accountancy firm KPMG which looks at clubs' overall 'enterprise value' -- their owners’ equity, plus total debt, minus cash.
Graphic: Revenue growth of Europe's 'Big 5' soccer leagues - https://fingfx.thomsonreuters.com/gfx/mkt/rlgvdzqznvo/Pasted%20image%201619093328235.pngEurope's top 20 clubs generated 8.2 billion euros worth of revenues in the 2019/20 season according to Deloitte's annual football money league report file:///C:/Users/u8017043/Downloads/deloitte-uk-deloitte-football-money-league-2021.pdf.
Graphic: Share prices of some of Europe's listed soccer teams - https://fingfx.thomsonreuters.com/gfx/mkt/jbyprwbyove/Pasted%20image%201619097051587.pngPlenty of clubs now have significant debts due to the cost of buying players and building or improving stadiums. Others argue that those figures do not show the full picture, however, as some super-wealthy club owners provide interest-free 'soft loans' that are not always counted.
That debt represented just over two thirds of the Premier League's combined revenues, whereas the then record 3.3 billion pound amount in 2008/09 represented 167% of that season’s revenues. With COVID-19 cutting revenues though,"It would be reasonable to assume that we will see wage-to-revenue ratios worsen across European football," said Sam Boor, a senior manager in Deloitte's sports business group.
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