Germany's Bundesliga clubs exceed €4 billion in revenue

Germany's Bundesliga clubs exceed €4 billion in revenue
  • Clock-gray 09:11
  • calendar-gray 19 February 2020

Eighteen Bundesliga clubs generated €4.02 ($4.34 billion) in revenue for the first time during the 2018-2019 season, Apasport.az reports.

According to DFL Economic Report in 2020, the revenues represent a 5.4% increase in the previous season and it is the fifteenth successive year of record revenue.

“In recent years, we have worked with our partners to develop German professional football into a highly successful economic sector,” speaker of the DFL Executive Committee, Christian Seifert, said on DFL’s website.

“The Bundesliga and Bundesliga 2 in total enjoy solid economic stability. Additional future growth prospects will result in particular from digital innovations and on the international front,” he said.

In addition to Germany’s top football division, the Bundesliga 2 clubs also saw record revenues during the 2018-2019 season with €782 ($844 million) -- an increase of 28.5%.

"The business operations of the professional clubs also have a fiscal and economic impact. All in all, the Bundesliga and Bundesliga 2 have paid almost €10 billion in taxes and duties to the tax authorities and social security institutions in the past ten seasons – including a new record of €1.4 billion in the 2018-19 season alone," the report said.

ApaSport

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