The organization chaired by Aleksander Ceferin will exceed the €5 billion revenue barrier for the first time in a year without the Euro Cup. Despite increasing its turnover by 19.2%, it will lose 19 million euros.
UEFA approved a budget of €5,096 million for the 2024-2025 season, which represents an increase of 19.2% compared to the capital available in the current period. The body chaired by Alexander Ceferin will overcome the barrier of €5 billion income for the first time in a year without the Euro Cup.
The sale of audiovisual rights remains the main source of income, representing a 84% of the total; followed by commercial income (14%) and other income including ticket sales and hospitality (2%).
UEFA increases its budget: projections for the 2024-2025 season
Added to the increase in income is the increase in costs. 78% of the total turnover will be distributed among the clubs participating in the competitions organized by UEFA, a percentage similar to that of previous seasons, which rises to €4,000 million.
Likewise, several of the teams that do not participate in European competitions, as well as those eliminated in the group stage, will also have a prize: the solidarity bonus will go from representing 7% of the total budget to 10%, exceeding 460 million.
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Reuters
The previous records translate into losses of €19 million. Although the UEFA It plans to close the 2024-2025 season in negative numbers, these have plummeted compared to those of the current year, expected at 75 million, and those registered in 2022-2023, up to €87 million.
“An update to the current outlook will be addressed in summer 2024; Some important parameters, such as asset management and more precise information on club competitions and women’s football, will be available to produce an updated report on how UEFA is managing the reconstruction of its reserves,” the organization concludes in its statement.
On February 8, the Slovenian Alexander Ceferin announced that he will leave his current position at the head of the governing body of European football in 2027, the date on which his mandate would end and despite the modification of the statutes that would allow him to remain for four more years if he were re-elected.
“I decided about six months ago that I will no longer run in 2027; The reason is that, after some time, every organization needs fresh blood, but above all because I have been away from my family for seven years,” Ceferin declared at a press conference after the UEFA Congress in Paris.
Source: Ambito
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