Premier League clubs made a combined loss of £600 million in the 2018/19 season, even before suffering the financial pain of the coronavirus pandemic, a report revealed on Tuesday. Premier League sides face paying a reported £330 million to broadcasters in rebates as matches could not be completed on schedule. An estimated £126 million could also be lost in matchday income from gate receipts and hospitality. Spurs posted a league-high profit of £68.6 million for the 2018/19 season on the back of a run to the Champions League final. The final economic loss total for all 24 EFL Championship clubs is expected to be at least £350 million.

Source: Punch June 09, 2020 20:03 UTC