Premier League clubs set for £500m collective loss due to coronavirus

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  • Loss of TV income and matchday revenue hits hard
  • New TV deal from start of next season will soften blow

Premier League clubs should be braced for a collective £500m loss of revenue because of the coronavirus pandemic, Deloitte has warned.

The accountancy group predicted the devastating drop in income will result from rebates to broadcasters and commercial partners and the collapse of matchday revenue with games behind closed doors.

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Written by Louise Taylor and David Conn
This news first appeared on https://www.theguardian.com/football/2020/jun/11/premier-league-clubs-set-for-500m-collective-loss-due-to-coronavirus under the title “Premier League clubs set for £500m collective loss due to coronavirus”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.