Record annual revenue increase reported in latest European Club Finance and Investment Landscape
Friday, March 7, 2025
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Comprehensive UEFA review showcases €2.9 billion year-on-year increase, demonstrating the ever-increasing interest in the game.
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The latest UEFA European Club Finance and Investment Landscape report is out now, offering unique and in-depth analysis of European football's finances.
Complete with a dedicated microsite offering the key headlines and crucial figures, the report offers the ultimate 360-degree view on the financial health of the game.
This latest snapshot of the continent's most popular sport reveals club revenues growing at unprecedented rates – €2.9 billion year-on-year – reaching a record-high of €26.8 billion at the end of the 2023 financial year.
That total is set to exceed €29 billion for 2024, thanks in part to increased UEFA club competition prize money and solidarity payments to non-competing top-division teams, and despite the impact of the pandemic, European club football revenues have now increased by at least €1 billion each year for the past ten years.
"The UEFA Club Finance and Investment Landscape report has become a key tool in monitoring the game's financial health and identifying risks that could impact European football. As this latest edition shows, football in Europe remains just as strong and dynamic off the pitch as it is on it.
"This outstanding success comes, of course, from open competition and fair play on the pitch, healthy rivalries off it, and the fans' love for the game. UEFA's commitment to sporting merit, promotion and relegation, financial solidarity and sustainability, and football's social impact have also been central to the game's growth. And this makes European football strong – beyond resilience and financial success, it is a model built to sustain the game at every level from the top to the base of the pyramid."
Warnings as well as wins
The report does not just celebrate record revenues, it is also a key tool in monitoring European football's financial welfare and identifies some of the risks that threaten its future.
For example, while player wages have increased at more sustainable levels, other costs have continued to expand rapidly. Stadium and commercial operations are the victim of post-pandemic inflation, and clubs are increasingly challenged to improve profitability while limiting the growth of the workforce they employ and resources they use. Overall wages for non-playing staff climbed significantly across both 2023 (+19%) and 2024 (+12%).
Fewer clubs changed ownership during the 2024 calendar year, but this situation continues to evolve, with more minority investments and more instances where work is needed to identify the ‘ultimate beneficiary owner’ of some clubs. This year's report examines these increasingly complex ownership structures in detail.
A deep-dive suitable for fans and finance experts
By analysing the finances of more than 700 top-division clubs across UEFA's 55 member national associations, the European Club Finance and Investment Landscape report offers a comprehensive snapshot ready to be explored by experts and casual fans alike.
You can investigate and compare clubs across 12 financial indicators, including how much each makes via commercial revenues, which squads were the most expensive to assemble and who spends the most on player and staff wages. To celebrate 15 years of detailed club data, many of the top 20 club lists compare figures across 2009, 2014, 2019 and 2024, underlining the huge growth in club finances over that period.
The report offers the perfect accompaniment to the autumn's European Club Talent and Competition Landscape, which showcased the increasing popularity of the game among supporters, alongside the successes and challenges of clubs and players across the continent.
