Serie A revenue hits €2.77bn for 2018-19
Italian soccer's Serie A has posted a 13.5-per-cent hike in annual revenue for last season, thanks to growth in media rights and commercial income.
The league recorded turnover of €2.77 billion ($3.05 billion) in 2018-19, compared with €2.39 billion in the prior season.
Media rights revenue came in at €1.44 billion, up from €1.3 billion, while commercial revenue jumped €100 million to €650 million. Matchday revenue was relatively stable at €285 million.
Domestic Serie A rights are shared by pay-TV's Sky Italia and OTT platform DAZN in a three-year deal to 2020-21 worth €973 million.
Over the past decade, Serie A revenue has grown by 57 per cent, having totalled €1.7 billion back in 2009-10.
Of the €2.77 billion total in 2018-19, perennial champions Juventus accounted for €494.4 million, followed by Inter Milan with €376.9 million and Roma with €250.9 million. AC Milan (€288.5 million) and Napoli (€216.6 million) rounded out the top five.
Those five clubs combined accounted for 57.6 per cent of all revenue in the 20-team Serie A.
Serie A costs also rose in 2018-19, from €3 billion to €3.55 billion, with wages increasing €300 million to €1.77 billion and player transfer expenditure rising €150 million to €787 million.
Earlier this month, the clubs in France's top two divisions posted combined revenue of €2.85 billion, while in February the Bundesliga, German soccer’s top division, posted its record annual revenues for 2018-19, of €4.02 billion, up 5.4 per cent.
The 2019-20 Serie A season has been suspended since 9 March because of the coronavirus pandemic that has hit Italy particularly hard.
Italy's minister for sport Vincenzo Spadafora said this week that a mooted return date of 3 May for Serie A is "too optimistic."
He said any return to action would involve having to play behind closed doors, but that the final decision will be taken by the FIGC, the Italian soccer federation.
FIGC president Gabriele Gravina has refused to write off the season, saying the league could extend into July and August if necessary.
He told Radio Marte: “As long as there is a chance, I will keep alive the hope of restarting the championships. I am aware that it is premature to think about a date, but we must think positively, also for the health of the Italians, and hope that this situation ends as soon as possible.”
There are 12 match days to play, plus several outstanding matches, and Gravina estimated the league could be completed in 45 to 60 days.
He added: “If we are given the month of July and August, that could be the right period.”Sportcal