By Associated PressBERLIN: Bundesliga players’ salaries reached an all-time high of nearly 1.57 billion euros last season despite a huge shortfall in German clubs’ revenue during coronavirus lockdowns. The top division’s clubs alone paid 1.567 billion euros to their players and coaches in 2020-21, up from 1.446 billion euros the season before. Savings of 118 million euros were made on transfers, 89 million euros on match operation expenditure, and 135 million euros on other expenditures including advertising, materials and commercial operations. Altogether, expenditure for the 18 top division clubs dropped by nearly 200 million euros to 3.76 billion euros last season. Media revenue increased to a record 1.66 billion euros last season.

Source: Indian Express April 02, 2022 14:44 UTC