French football takes €1.27 billion hit in revenue for failure to complete 2019-20 season

Earlier in April, Ligue 1 season was cancelled due to coronavirus pandemic. Among top five European leagues, French football opted for an early end to ir 2019-20 season, as opposed to waiting approach taken by or top leagues. However, according to reports, French football is set to take a mammoth €1.27 billion hit on revenue after failure to complete domestic campaign with structure in danger of collapsing.

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Ligue 1 revenue: Ligue 1 financial loss through matchday, TV and commercial deals

A damning Ernst & Young study reports that French football is set to take a €1.27bn revenue hit due to coronavirus crisis that prematurely ended 2019-20 domestic season. Ligue 1 revenue from matchdays and TV dried up with football in country for four months. It was reported that Ligue 1 financial loss through TV revenue alone was a whopping €200m with furr Ligue 1 revenue loss in commercial deals.

According to reports, total Ligue 1 financial loss for failure to complete season is an estimated €605m. Reports from SwissRamble claimed that Ligue 1 is simply 'unprofitable'. French top division suffered a total loss of €126m in 2018-19, a small improvement on previous season’s €159m deficit. Over past eight campaigns, re has been only one profitable season, which was 2015-16 when league achieved a small €20m surplus.

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Ligue 1 revenue amounts to almost half of French football losses

 estimated €605m revenue loss is only for entirety of top division football in France. Along with Ligue 2, National League, National League 2, and regionals, French football is set to lose a staggering €1.27 billion. With massive financial ramifications caused by unprecedented coronavirus pandemic, clubs in country have requested  government for financial aid as an estimated €600m-€900m shortfall is projected for next season.

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French football ended season prematurely

When it was decided that domestic season in France would come to an end,  court ruled that final standings for France’s top two divisions would stand. PSG were crowned champions after playing 27 matches as Thomas Tuchel's side ended season 12 points ahead of second-placed Marseille with a game in hand.  or big four European leagues - Serie A, Bundesliga, Premier League and LaLiga - opted to complete ir seasons despite coronavirus pandemic with fans inside stadiums.

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Im Credits - PSG Instagram