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Revenues soar despite Covid hit

Premier League club revenues grew eight per cent to £4.9billion in 2020-21 season despite Covid almost wiping out matchday takings. writes TOM BARCLAY.

That is according to the latest annual football finance review from respected number-crunchers Deloitte.

Supporters were shut out from the majority of fixtures in the 20-21 campaign because of the pandemic.

It hit all clubs in the pocket with total matchday revenue falling to just £31million for Premier League sides.

Yet England’s top flight was still the only one of the ‘big five’ European leagues – including La Liga, Ligue Un, the Bundesliga and Serie A – to improve total operating profits in the year.

Cumulatively, that figure rose from £49m to £479m.

The increase is largely down to deferred cash from broadcasters, who paid out a £330m rebate which had been suppressed from the previous campaign.

Yet pre-tax losses remained high, even if they did go down from just shy of a billion pounds in 19-20 to £669m. 

It was the third straight year Premier League clubs have reported pre-tax losses, with only Wolves, Sheffield United, Man City and Leeds reporting a pre-tax profit in 20-21.

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