March 12 – The German FA (DFL) has launched its Financial Report for the 2023-24 season, and as soon as once more, German soccer’s monetary power is on full show, exhibiting spectacular development and setting new information for income, employment, and monetary sustainability.
Headlining the report, the Bundesliga and Bundesliga 2 generated a report €5.87 billion in income – up 12% from final season’s €5.24 billion – whereas contributing over €1.66 billion in taxes and duties to the general public purse.
The monetary power of Germany’s golf equipment was additionally on show, with 32 of the 36 groups throughout each divisions holding constructive fairness (the place the market worth of the membership exceeds debt) – an achievement that underscores the Bundesliga’s repute for accountable and sustainable administration. The wages-to-cost ratio, which measures payroll prices towards whole expenditure, fell to 34%.
Employment inside German skilled soccer additionally reached an all-time excessive, with 62,000 individuals working throughout the 2 leagues – surpassing the pre-pandemic peak of 56,000 in 2018-19 by greater than 10%.
Bundesliga 2 additionally loved a milestone 12 months, surpassing €1 billion in income for the primary time. Nonetheless, regardless of these sturdy figures, profitability stays its personal problem, with solely 9 Bundesliga golf equipment and eight Bundesliga 2 golf equipment posting a revenue in 2023-24.
Hans-Joachim Watzke, Speaker of the DFL Deutsche Fußball Liga Govt Committee and Chairman of the DFL Supervisory Board, mentioned: “With its key figures for the 2023-24 season, German skilled soccer is sending constructive financial indicators towards the final development. Moreover, and past the financial dimension, soccer has a constructive affect on society. Our stadiums are locations the place individuals from all walks of life can come collectively and share feelings and unforgettable moments.”
The report additionally detailed that greater than 20.7 million tickets have been bought final season, setting a brand new attendance report, with expectations that this determine will climb additional by the tip of the 2024-25 season.
With report revenues, monetary prudence, and rising fan engagement, German soccer is proving as soon as once more why it stays one of the crucial well-run and sustainable leagues on the planet.
DFL CEO Marc Lenz, mentioned: “Our golf equipment finance themselves from a balanced income combine and have been capable of each cut back the proportion of personnel prices for the squads and generate switch surpluses. With a renewed income development and a rational use of funds, the golf equipment are strengthening their monetary place.
“We should additionally introduce wholesome monetary administration in Europe – in order that European soccer is match for the longer term and wholesome leagues and golf equipment stay aggressive.”
DFL CEO Steffen Merkel added: “After the 2023-24 season, now we have a robust general stability sheet within the books that sends a transparent message: German skilled soccer makes a big constructive contribution to life in Germany, not solely emotionally but in addition economically.
“Central advertising is an foundation for financial stability. On common, virtually each third euro generated by the golf equipment comes from this. It should subsequently be our frequent aim to additional strengthen our centralised advertising method – the awarding of nationwide media rights from 2025-26 is barely a primary, albeit enormously vital, step on this route.”
Contact the author of this story, Harry Ewing, at moc.l1741789090labto1741789090ofdlr1741789090owedi1741789090sni@g1741789090niwe.1741789090yrrah1741789090