[India] - English football clubs make up more than half of Europe's leading earners

INSUBCONTINENT EXCLUSIVE:
English football clubs sealed their position as the sports wealth generators, making up over half of Europes top earners with Manchester
City taking the leading spot for a second year running. The Premier League champs income, increased by a sharp increase in commercial
income, was 13% up on the previous year at EUR731 million ($794 million), according to Deloittes annual Money League
Real Madrid was second on EUR714 million
Paris Saint-Germain, Barcelona and Bayern Munich were the only other non-English teams in the leading 10. English football has actually been
dominant for many years, however the report this year highlights by just how much as clubs got better from the crippling results of the
coronavirus pandemic
Deloitte ranks groups by the revenue they generate, rather than their success. Liverpool, whose American owners are thinking about the sale
of the team, moved up four places to 3rd, its greatest ever position
It overtook northwest competing Manchester United, whose owners are likewise exploring a sale, for the very first time
Liverpools earnings were increased after a go to the Champions League Final.London club Arsenal changed Italys Juventus in this years
leading 10, with 16 English clubs in the top 30
All of the Premier Leagues 20 teams being ranked in the top 30 is now a possibility, Deloitte said. The concern now is whether other
leagues can close the gap, likely by driving the value of future international rights, or if the Premier League will be virtually
untouchable, in income terms, said Tim Bridge, lead partner in Deloittes Sports Business Group. The dominance of English clubs is causing
increased stress among their rivals
Javier Tebas, chairman of LaLiga in Spain, stated at an occasion last week in Brussels that the groups misshape the marketplace due to the
fact that they are funded by their owners and are permitted to sign gamers even when they have losses. Spanish football is running years
behind the Premier League, Tebas stated in an interview
In regards to structure and arenas I d say we could catch up in 4 to 6 years
Tebas is trying to close the gap, in part by means of a EUR2 billion deal struck in 2021 with personal equity company CVC Capital Partners
The majority of the funds are targeted for brand-new or refurbished arenas and likewise the development of the digital service. The Premier
Leagues combined profits grew by 8% to EUR5.5 billion in 2020/21, a year blighted by Covid, according to Deloittes newest Annual Review of
Football Finance published in August
The Spanish league made simply over half that quantity, at EUR2.95 billion in revenue. Tebas-- like his competitors-- is hoping that the
growth in direct-to-consumer broadcasting will assist improve the Spanish leagues international appeal
Its LaLiga Pass item, a model copied from the NBA, launched in 2015 in Indonesia and Thailand and will arrive next in India and Turkey, he
stated. Still, the Premier League has just more ability to spend
Nottingham Forest, currently 13th in the table, spent about $150 million on transfers over the summer, about a 3rd of LaLigas entire overall
expense. Usually, only 16% of the clubs boards in the Money League were thought about ethnically diverse by Deloitte
Eight clubs reported no ethnically diverse board members, with a more three not divulging info.