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European football sees £3.4billion fall in revenue due to Covid-19 pandemic

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European football has seen a £3.4billion fall in revenue for the first time in over a decade due to the Covid-19 pandemic.

Revenue fell to £22.1billion and this is the first fall in revenue since the global financial crisis of 2008. Deloitte reported the revenue and said it “only accounts for, in most cases, three months of Covid-19 impact. It will be a number of years before the full financial impact of the Covid-19 pandemic on European football is known. But we're now beginning to see the scale of the financial impact that the pandemic has had on European clubs.”

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