The 92 professional soccer teams in the English Premier League (EPL) and the three divisions below have amassed a record £5.8 billion ($7.3 billion) in revenue during the 2017/18 season, topping the table of Europe's elite leagues.
Deloitte Sports Business Group's annual review of football finance found that Premier League club revenues rose to £4.8 billion, an increase of 6% from the season before. This was driven by growth in the distribution to English clubs by governing body UEFA, as five teams competed in the UEFA Champions League for the first time in 2017/18, which also saw Liverpool reach the final, before eventually losing to Real Madrid.
The report found that as a whole, the "big five" European leagues generated a record £13.8 billion in revenue in 2017/18, which was a 6% increase from the previous year. The European football market is now estimated to be worth £25.1 billion. In revenue terms, the Premier League continues to lead the way and is 72% larger than its nearest competitor, Germany's Bundesliga. However, German stadiums remain the best attended across the European leagues, with average crowds of over 43,000 for this current season.
Fabian Schar of Newcastle United battles for possession with Bernard of Everton during a Premier League match on December 5, 2018 in Liverpool, United Kingdom."European club football is in the strongest financial position that we've ever seen … While the Premier League retains its leading position financially, we expect to see other leagues continue to grow in the coming years," said Dan Jones of Sports Business Group at Deloitte.
English clubs have also dominated Europe during 2018/19 as well, with both major club competitions producing all-English finals. Tottenham Hotspur and Liverpool head to Madrid this weekend for the Champions League final, while Chelsea overcame Arsenal in Europe's secondary Europa League tournament on Wednesday evening.
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