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RESEARCH SHOWS THE STAGGERING FINANCIAL LOSSES MADE BY PSG AND OTHER EUROPEAN GIANTS

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A year ago



As the club football season draws to a close, attention will soon turn to the Wild West, which is the transfer market.


It won't be long before the European giants start to swing their money left, right and center, hoping that a new superstar will lead them to league and Champions League glory in 2023/24.


Football sponsorship is a pretty hot topic at the moment, especially after the Premier League accused Manchester City of breaking financial rules.


You can't talk to your friends - or even strangers on Twitter - for five minutes without someone claiming to know how to spend in and out of the club when they're not an accountant or a lawyer.


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However, the Night in Shining Armor came and did the most important calculation. A Reddit user did an in-depth study of club spending across Europe during the 2021/22 season.


The figures - obtained from official reports and financial statements - are telling, especially the impact of Paris Saint-Germain's signing of Lionel Messi in 2021.


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In the 2021/22 season, PSG's salary fund is by far the largest in the world.



The French giants have lost 729.0 million euros in player wages, including £25.6 million for Messi in his first season at the Parc des Princes.


For the purposes of the study, wage costs include wages and salaries for all employees, image rights, bonuses, social security contributions, pensions, severance pay, and other benefits. other fees. PSG spend a lot on salary is not surprising, but what is interesting is that their salary expenditure equals 109% of income.


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During the season, PSG - the team that won Ligue 1 but were eliminated in the Champions League semi-finals - had a loss of 368.7 million euros, the biggest loss in European football.


The second biggest spender was Real Madrid, who spent 519.0 million euros on wages, or 72% of their revenue.


Los Blancos actually made a profit of 12.9 million euros, thanks in part to the sale of Casemiro worth 70 million pounds to Manchester United in 2022.


The Red Devils are the third largest spenders with 482.4 million euros, followed by Barcelona (463.8 million euros) and Liverpool (432.0 million euros). Advertisement


Many accuse Manchester City of spending more than their rivals, but the Premier League champions are sixth in salary spending with €417.6, just 57% of their total income.


That year, Man City made a profit of 49.2 million euros, the highest in the Premier League.


The teams featured in the top 10 spenders are Chelsea, Juventus, Bayern Munich and Atletico Madrid. 

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