Bundesliga's Revenue Up More Than 10% To €4.42B In '17-18
The German Football League (DFL) announced in its annual report on Wednesday that revenues for the Bundesliga and 2nd Bundesliga in '17-18 rose by more than 10% year-on-year to €4.42B, "marking the 14th consecutive year of growth," according to Karolos Grohmann of REUTERS. The DFL said that revenue for the top two divisions in '16-17 was €4.01B while overall revenues have "more than doubled in the last decade." The top league generated revenues of €3.81B, a 13% rise from €3.37B in '16-17. DFL CEO Christian Seifert said, "German professional football has continued its positive development. This is driven in particular by revenue from the current national media contracts, which are reflected in the balance sheets for the first time." German football, on club and national level, has "not enjoyed major success" since the 2014 World Cup win. The Bundesliga, however, "remains successful," with match advertising and media revenues all up from the previous fiscal year. Bundesliga clubs also "pumped" €177M into youth development and academies in '17-18, up from €163M in '16-17 (REUTERS, 2/13).