Italian professional football clubs lost 3.6bn euros ($3.97bn) between 2019 and 2022 due to Covid and pandemic-related restrictions, according to an annual report.
According to the 2023 edition of ReportCalcio published by the Italian Football Federation, the top three divisions lost an average of 1.2bn euros per year during Covid, while their cumulative losses were 412m euros in 2018-19, before the pandemic.
Attendances at the @FIFAWWC are up nearly 30% on 2019, @FIFAcom said Friday, declaring that the tournament in Australia and New Zealand had "exceeded expectations in many ways".https://t.co/Zc5bAm20iN
— Dhaka Tribune Sports (@Sport_DT) August 4, 2023
Losses for the 2021-22 season alone, the last considered for this report, amounted to 1.4bn euros, "the worst ever recorded in the fifteen years that this annual report has been published," it said.
The indebtedness of Italian professional football reached 5.6bn euros in 2021-22, a 4.4% increase over one year.
The authors of the report welcomed the joint candidacy of Italy and Turkey to host Euro 2032 as "a unique opportunity" to increase ticketing revenue by modernising a fleet of notoriously outdated stadiums.
@EnglandFootball manager Gareth Southgate says he understands the criticism directed at @JHenderson, a vocal supporter of the @LGBT community, following his move to Saudi Arabian club @Ettifaq_EN.https://t.co/uAF8uXJw16
— Dhaka Tribune Sports (@Sport_DT) August 4, 2023
Ticketing revenue for all Italian professional football was 254m euros in 2021-22, compared to 226m a year earlier, but still far from the 341m of 2018-19, the last season before the pandemic.
By comparison, Manchester United alone generated 126m euros in ticketing revenue in 2021-22, according to the Deloitte report.
