One billion euros in income has been lost in two seasons interrupted by the coronavirus, according to the Bundesliga’s new president on Friday.
According to DFB estimates, income in the first and second division leagues has decreased from 4.8 billion euros in the previous season to 4.05 billion euros in the next season.
As Donata Hopfen, the Bundesliga’s new chief executive, put it, “Covid has already had a substantial economic influence on the Bundesliga in the previous two seasons.”
Overall, the income drop after the coronavirus-affected seasons in 2019-2020 and 2020-2021 approached one billion euros, according to the report’s author.
According to the Bundesliga, income decreased by more than 750 million euros, or around 16 percent, as compared to the previous season’s record.
A study by the German Football Federation’s finance department for 2022 shows that match income, particularly ticket sales, has dropped by almost 95 percent from 650 million euros in the previous season to 35.5 million euros this season.
Despite the fact that the epidemic began two years ago, not all Bundesliga stadiums have returned to full occupancy.
Jobs at German stadiums have also been impacted by the number of games played behind closed doors, which has decreased from 52,786 in 2019-2020 to 26,183 last season.
According to the league, first- and second-tier teams paid a total of 1.3 billion euros in taxes and fees during the 2020-2021 season, notwithstanding their deficits.