Bayern Munich were only champions from Europe’s top eight leagues to make profit in 2020-21
Written by News Room on January 12, 2022
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.
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 644 million euros, 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.
According to reports, Bayern’s 20-21 profit, after tax, was 1.8 million euros.
Meanwhile, Serie A Champions Inter Milan recorded a net loss of 245.6 million euros in 20-21, the highest ever recorded by an Italian football club.
Ameen J. Kantyok
