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The Premier League’s financial dominance of European football thanks to multi-billion pound television rights deal is laid bare in a Uefa report published on Friday.

 

Thirteen English teams feature in the 30 wealthiest clubs across Europe, with Manchester United still topping the ranking despite comparative lack of success domestically or in the Champions League.

 

United’s projected revenue dipped marginally to around 676million euros (approx £593million at current exchange rate), narrowly ahead of Real Madrid’s 675million euros, according to the figures.

 

Manchester City were listed as fifth, Arsenal are seventh, Liverpool eighth and Chelsea ninth, according to Uefa’s European Club Footballing Landscape.

 

“Over the past ten years highlighted in the report, English Premier League clubs have extended their revenue advantage, growing on average by 144million euros per club,” Uefa said.

 

The figures bring together detailed comparable analysis from 700 sets of audited statements over the last decade, but only include details up to and including the 2017 financial year. Premier League clubs’ aggregate revenue was 5.3bn euros, comfortably more than La Liga (2.9bn euros), Bundesliga (2.8bn), Serie A (2.1bn) and Ligue 1 (1.6bn).

 

The first year of the current Premier League TV rights cycle fuelled the biggest gain over European rivals, with television revenue increasing by 47 per cent, currently totalling £2.8 billion in global rights pay packets.

 

Source: The Telegraph

 

Photo courtesy of Getty Images

Author: Luis Colmenares

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