European Football Club Revenues Set To Hit €30bn
European football clubs’ annual revenues are set to break the €30bn barrier for the first time – but profitability remains a challenge as costs continue to rise.
The latest UEFA European Club Finance and Investment Landscape report anticipates that 2025 revenues will exceed 2024’s record-breaking €28.6bn, continuing a decade-long trend of financial growth across the game.
The report explores the key trends of an industry that continues to grow; examining how clubs are adapting, where new opportunities are emerging, and what challenges lie ahead as the game continues to grow on an increasingly global stage.
Since 2015, European club football revenues have risen by more than €13bn, driven by increased rewards from UEFA competitions, broadcast rights, commercial partnerships and gate receipts. Over the same period, transfer earnings have grown 211%, underlining the sport’s continued global reach and commercial appeal.
“This edition of the UEFA European Club Finance and Investment Landscape report is quite special. Not only does it give a clear picture of European club football finances in 2026, but it also takes a step back to reflect on how the game has developed over the last ten years,” said UEFA president Aleksander Čeferin.
“What the report shows is encouraging. After a decade that included one of the toughest periods our sport and society have faced, European football has come through in a strong position.
“Despite the noise, despite the pressure, despite the doubts of some, European football’s future remains bright. The decade ahead will bring new pressures, but also real opportunities. With good insights, such as those provided by this report, European football can prepare more effectively – and work together to support a healthy, successful future.”
Despite strong revenue growth, the report warns that rising operating and staffing costs continue to pressure club finances. Non-player wages have increased by 42% since 2021, and operating costs are expected to make up 36% of total revenue in 2025.
However, clubs have stabilised their biggest expense: player wages, which are now growing only 2–3% per year thanks to squad cost regulations. They have also improved contract management, reducing the number of players leaving for free – a key development covered in the report’s first-ever large-scale analysis of contract expiry management.
