The twenty clubs that make up Serie A closed the 2022-2023 season by cutting their losses by 44.6%, going from €998 million in 2021-2022 to €441 million last season, according to Calcio e Finanza.
Of the twenty teams, only six closed their balance sheets with a profit, 30% of the total. Since the 2018-2019 seasoncalcium accumulates overall losses of €3.4 billion.
The negative result occurred despite entering €3,500 million, an increase of 16% compared to the records of the 2021-2022 season, when they rose to €3,000 million.
The figure for 2022-2023 becomes the largest in history, above the €3.4 billion billed together in 2018-2019.
Income derived from the sale of audiovisual rights remained stable compared to the 2021-2022 season, earning the teams €1.5 billion in total. As a result of player transfers, the teams invoiced €694.2 million, 12% more than the previous season, but still 22% less than pre-pandemic.
How was the billing?
The turnover derived from commercial activities amounted to €755.8 million, which represents an increase of 20% compared to 2021-2022 and 23% compared to 2018-2019. For its part, the income from match day, which include ticket sales, increased to €401.8 million. In this case, the data is 90% higher than that of the 2021-2022 season, when the Italian league (like the rest of the competitions) was altered by the pandemic.
The increase in revenue was offset by the increase in costs last season. The operating costs of the twenty clubs rose to €2.87 billion, a figure close to that recorded in the 2021-2022 season. The increase in personnel costs (8%) and other costs (24%) has been the main reason for the increase in general expenses.
In its internationalization strategy to increase its income and brand awareness, the A series is studying playing several matches outside Italy, with a focus on the United States and India.
“It is something that we are evaluating, with pros and cons”, admitted at the end of January the president of the competition, Lorenzo Casini. Regarding the points to be studied, Casini stressed that “the first refers to the fans, who could miss a game and the other is the place that would have to be determined.”
The manager added that “at the moment, it would not be possible without the authorization of FIFA and UEFA.”
Source: Ambito
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