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Deloitte predicts pandemic will cost Europe's top clubs €2bn

:Headline: Deloitte predicts pandemic will cost Europe's top clubs €2bn: ID:432161: from db_amp
The finance firm's annual Football Money League shows that the top 20 revenue-generating clubs lost around 1.1bn euros (£975million) during 2019-20.

The coronavirus pandemic will end up costing Europe's top clubs around two billion euros, according to forecasts from Deloitte.

The finance firm's annual Football Money League shows that the top 20 revenue-generating clubs lost around 1.1bn euros (£975million) during the 2019-20 season due to factors including the lack of spectators and effect on broadcast income.

Some of the latter will be made up in the 2020-21 accounts, along with deferred prize money for many clubs, but the ongoing effects of the virus see the drop in revenue projected to reach 2bn euros (£1.75bn) between the 20 clubs.

Liverpool and Manchester City rank fifth and sixth with Chelsea and Tottenham also in the top 10, Arsenal 11th and Everton 17th.

The Toffees were one of only two clubs in the top 20, along with newcomers Zenit St Petersburg, to actually post improved revenues compared to 12 months previously – but it is their neighbours across Stanley Park who Bridge expects to thrive in years to come.

He said: "A club such as Liverpool, who've made a concerted effort to engage with fans using digital and social media channels – that may well have created new revenue-generating opportunities and may mean they've gained a competitive advantage."

West Ham dropped out of the top 20 along with Roma – but it is clubs much further down the pecking order, in the lower leagues, who will suffer most from reduced incomes.

Bridge said: "Matchday revenue for these biggest clubs is their smallest proportion whereas the further down the system you go, the bigger that proportion is.

"The loss of fans is really felt most acutely by those clubs further down the system. That's why the support packages that have been talked about are absolutely essential to the future of these clubs."

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3Nottingham ForestNott'm Forest10541147719
4Chelsea105322012818
5Arsenal105321711618
6Aston Villa105321715218
7Tottenham HotspurSpurs1051422111116
8Brighton & Hove AlbionBrighton104421714316
9Fulham104331413115
10Bournemouth104331312115
11Newcastle UnitedNewcastle104331010015
12Brentford104151920-113
13Manchester UnitedMan Utd10334912-312
14West Ham UnitedWest Ham103251319-611
15Leicester CityLeicester102441418-410
16Everton102351017-79
17Crystal Palace10145813-57
18Ipswich TownIpswich100551021-115
19Southampton10118719-124
20Wolverhampton WanderersWolves100371427-133
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