The COVID-19 pandemic has left Europe’s clubs with a massive seven billion euro-crater in their bank accounts, a UEFA report concluded on Thursday.
With gate receipts decimated, sponsorship down and television rights receipts hit, clubs suffered a four billion euros hit in 2019-2020, and three billion in 2020-2021. Ticket sales dived by 4.4bn euros, while the report forecast a 1.7bn drop in sponsorship, and 0.9bn reduction in television rights.
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