Finance 3 min read

European Clubs Hit Record Revenues In UEFA Report

Written by MOS Editorial Team

Published on 10 March 2025

The latest UEFA European Club Finance and Investment Landscape report has been released, offering an in-depth analysis of the financial health of European football, with the comprehensive study presenting a 360-degree view of the sport, highlighting both the successes and challenges facing clubs across Europe.

European football clubs experienced an unprecedented surge in revenue, with a year-on-year increase of €2.9 billion, and by the end of the 2023 financial year, club revenues reached a record-high of €26.8 billion, and projections indicate this figure will surpass €29 billion in 2024.

This growth has been driven by increased UEFA club competition prize money and solidarity payments to non-competing top-division teams.

Despite the lingering effects of the COVID-19 pandemic, European club football revenues have consistently grown by at least €1 billion annually over the past decade, showcasing the sport’s resilience and increasing commercial appeal.

Commenting on the report, UEFA president, Aleksander Čeferin, said: “The UEFA Club Finance and Investment Landscape report has become a key tool in monitoring the game’s financial health and identifying risks that could impact European football.”

“As this latest edition shows, football in Europe remains just as strong and dynamic off the pitch as it is on it.

“This outstanding success comes, of course, from open competition and fair play on the pitch, healthy rivalries off it, and the fans’ love for the game. UEFA’s commitment to sporting merit, promotion and relegation, financial solidarity and sustainability, and football’s social impact have also been central to the game’s growth.

“And this makes European football strong – beyond resilience and financial success, it is a model built to sustain the game at every level from the top to the base of the pyramid,” he said.

While the report celebrates record revenues, it also serves as a crucial tool in monitoring financial sustainability within European football. One of the key concerns identified is the rising operational costs.

Despite player wages growing at more sustainable levels, non-playing staff wages saw a significant increase in both 2023 (+19%) and 2024 (+12%), with post-pandemic inflation also impacting stadium operations and commercial activities, making profitability a growing challenge for many clubs.

The report further examines shifts in club ownership across Europe, which shows fewer clubs changed ownership compared to previous years, however, there has been a rise in minority investments and increasing complexity in ownership structures.

Analysing data from over 700 top-division clubs across UEFA’s 55 member associations, the report offers insights into 12 key financial indicators including commercial revenue generation, squad assembly costs, and expenditure on player and staff wages.

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