The Bundesliga announces losses of more than a billion over two years

by time news

German clubs in the first and second division (Bundesliga 1 and 2) have lost a total of more than one billion euros since the start of the Covid pandemic, the League (DFL) announced on Friday April 1 when presenting its annual report. For the 2020-2021 season, the overall receipts of the two championships fell by more than 750 million euros compared to the last season before the pandemic (2018/19): from 4.8 to 4.05 billion euros says DFL President Donata Hopfen in her introduction. “ The drop in turnover after the first two seasons affected by Covid-19, 2019/20 and 2020/21, exceeds one billion euros “, she specifies. This shortfall comes mainly from matches played behind closed doors or in front of a reduced audience, while all German stadiums have not yet regained their full capacity, two years after the start of the pandemic. In addition, media rights and marketing revenues also fell last season.

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