Bayern Munich were the only champions from Europe’s top eight leagues to make a profit in 2020-21 as the coronavirus pandemic hit European football, a report has revealed.
Bayern’s profit, after tax, was 1.8m euros. The KPMG Football Benchmark’s “European Champions Report” analysed the finances of the champions of England, Spain, Germany, Italy, France, the Netherlands, Turkey and Portugal.
Meanwhile, Premier League champions Manchester City were the only club to see their income increase compared to the previous season.
City registered a total income of 644m euros (£537.3m), the highest figure among the eight league winners including Bayern, Atletico Madrid, Ajax, Sporting Lisbon, Lille, Inter Milan and Besiktas.
City’s income, helped by prize money from reaching the Champions League final and increased broadcasting revenue, was 96m euros higher than 19-20 and also more than 18-19, the last pre-Covid season.
Radio Journalist and Sports analyst and commentator .