The Staggering Amount on Money Ligue 1 Would Lose If The Season is Cancelled

The coronavirus pandemic will have a staggering effect on Ligue 1 according to the accounting firm KPMG (via fubo.tv). They estimate losses to the tune of €300 million to €400 million if the league doesn’t resume this season.

A week ago, French football was shut down due to the coronavirus crisis and as of today, there’s been no official date set for when the fixtures will resume.

For comparison, the Football Association in England announced that the Premier League wouldn’t return until at least April 30. Considering that the UK has had 2,716 confirmed cases of the coronavirus compared to France’s 11,010 confirmed cases, via Johns Hopkins University, it stands to reason that Ligue 1 will likely resume (if at all) well after the Premier League.

According to KPMG (via Get French Football News), television rights are the biggest cause of the loss of revenue. They estimate that not broadcasting the remaining matches would cost €150 million to €200 million.

Furthermore, there would be additional losses of €100 million to €140 million in partnership agreements that clubs have that wouldn’t be met and another €50 million to €60 million in matchday revenue.

While these numbers are difficult to wrap your head around, they’re nothing compared to the losses the Premier League is starring at (€1.15 billion to €1.25 billion) if they can’t finish out the season.

Paris Saint-Germain will likely cope with these losses if the season can’t be salvaged but many clubs in Ligue 1 depend on this revenue to balance their books sign new players. If the top leagues around Europe all suffer losses, it could absolutely impact this summer’s transfer market.

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Tags coronavirus Ligue 1