(AP Photo/Bernat Armangue)La Liga champions Real Madrid recorded overall income of 681.2 million euros ($832 million) in the 2019-20 season despite an eight per cent drop in revenue, a study from auditing firm KPMG revealed on Sunday. Bundesliga champions Bayern Munich recorded 607.2 million euros, followed by Premier League winners Liverpool (557 million euros) and Ligue 1’s Paris St Germain (540.6 million euros). The study said all six European domestic champions suffered a decrease in operating revenues due to the economic impact of the Covid-19 pandemic. However, Liverpool (14pc), Bayern (4pc) and Real (2pc) increased their commercial income - the only examples of revenue growth found in the study. Only German champions Bayern and La Liga’s Real registered net profits.

Source: Standard Digital January 12, 2021 06:56 UTC