Europe’s top five football leagues could lose as much as four billion euros ($4.33 billion, 3.75 billion pounds) in combined revenue if the coronavirus pandemic completely wipes out the rest of the season, according to a study by KPMG.
The accounting firm, one of the world’s biggest, calculated the total potential matchday, broadcasting and commercial revenues set to be generated by the remaining matches in the Premier League, La Liga, German Bundesliga, Italy’s Serie A and France’s Ligue 1 added up to between 3.45-4 billion euros across the five leagues.
KPMG estimates England’s Premier League would lose the most, with as much as 1.25 billion euros going up in smoke should the season be halted — a potential 800 million euros of that in broadcasting revenue alone. (Text courtesy Guardian)