[Reuters]Europe’s elite football clubs are expected to miss out on over 2 billion euros (Sh266 billion) in revenue by the end of the 2020-21 season due to the impact of the Covid-19 pandemic, according to Deloitte’s Football Money League. The report published yesterday said the figure includes amounts missed in 2019-20 when the top 20 highest-earning clubs in Europe earned 8.2 billion euros of combined revenue, which was down 12 per cent on the previous season. That drop in income of 1.1 billion euros was primarily down to the deferral of broadcast revenue into the financial year ending in 2021, with all the major leagues brought to a standstill in March last year due to the pandemic. Subscribe to Our Newsletter Subscribe to our newsletter and stay updated on the latest developments and special offers! Barca, however, suffered the second largest revenue fall among the clubs featuring on the list, having delivered a record-breaking year in 2018-19 when they became the first club to break the 800 million euros revenue barrier.

Source: Standard Digital January 26, 2021 18:45 UTC