Categories: Football

Record income for PSG despite the elimination of Madrid

Despite not having been a prolific season in sports, PSG can be satisfied in terms of income. According to information from L’Équipe, the Parisian team, current champions of Ligue 1, have obtained €700 million in revenue, a record since Qatar landed in the French capital back in 2011.

Sponsorship revenue will increase by 13% this season thanks to new contracts signed with GOAT, which will see €50 million per season, or Gorillas and Crypto, which will report €10 million. In total, the sponsorship income will give PSG more than €300 million.which was the record that the Parisians had and which they have far exceeded during the current course.

Messi effect

Another reason to explain the increase in PSG profits is the signing of Messi. The seven-time Ballon d’Or winner has been a breath of fresh air for the club’s treasury, which has been financially punished in recent years due to the pandemic. The turnover of shirts last season, estimated at €41 million, was reached in the current campaign in the middle of the courseshowing that the ‘Messimania’ in Paris has become a reality.

According to L’Équipe, PSG sold more than a million shirts, of which 60% belonged to the Argentine star. The recent Ligue 1 champion is, together with Manchester United, the team that sells the most shirts in the world. His signing with the Jordan brand has turned the club into an expansionist brand with millions of fans around the world.

Revenue from match days has experienced an unprecedented increase this season. This season, the increase in PSG revenue has increased by 42% compared to the 2019-2020 season, which represents profits of €132 million compared to the €93 million that were reaped three years ago, beating the record, which was €115 million in 2018-2019.

Madrid broke PSG’s economic forecast

According to L’Équipe, PSG’s only weak link is television rights. All this has an explanation and it is the premature elimination in the round of 16 against Real Madrid. The club had planned to reach the semi-finals of the European Cup and receive €200 million like last season. In Ligue 1, the income of the Parisians will increase, since they entered €50 million last season after losing Ligue 1 with Lille and having won the championship in April, they will recover €3 million.

Gabby Barker

Gabby is someone who is interested in all types of sports, she loves to attend watching matches live. Whenever there is a match being played in her city, she makes sure to get the tickets in advance. Due to the love for sports, she joined Sportsfinding, and started writing general sports news. Apart from writing the news, she is also the editor for the website who checks and edits every news content before they go live.

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