• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Features

Italian football clubs lost €3,6bn during Covid pandemic

2 years ago
in Features, highlights, Home, home-news, latest News, Lifestyle, Sports
1 min read
0 0
0
64
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Italian football clubs lost €3,6bn during Covid pandemic

Italian professional football clubs lost €3.6 billion between 2019 and 2022 due to Covid and pandemic-related restrictions, according to an annual report.

According to the 2023 edition of ReportCalcio published by the Italian Football Federation, the top three divisions lost an average of €1.2 billion per year during the Covid period, while their cumulative losses were €412 million in 2018-19, before the pandemic.

Losses for the 2021-22 season alone, the last considered for this report, amounted to €1.4 billion, “the worst ever recorded in the 15 years that this annual report has been published,” it said.

The indebtedness of Italian professional football reached €5.6 billion in 2021-22, a 4.4 per cent increase over one year.

The authors of the report welcomed the joint candidacy of Italy and Turkey to host Euro 2032 as “a unique opportunity” to increase ticketing revenue by modernising a fleet of notoriously outdated stadiums.

Ticketing revenue for all Italian professional football was €254 million in 2021-22, compared to 226 million a year earlier, but still far from the 341 million of 2018-19, the last season before the pandemic.

RelatedPosts

BoG Governor Unveils Four-Pillar Strategy to Build an Innovative and Resilient Financial System

Lands Minister Revokes 278 Small-Scale Mining Licenses

UK Bans Lewis Hamilton and Chelsea FC Gambling Ads for Targeting Children

By comparison, Manchester United alone generated €126 million in ticketing revenue in 2021-22, according to the Deloitte report.

Tags: 6bn during Covid pandemicItalian football clubsItalian football clubs lost €3
No Result
View All Result

Highlights

GSE Closes Thursday’s Session Lower as Composite Index Falls by 0.82%

BoG’s Director of Fintech and Innovation, Kwame Oppong, Exits Central Bank After Spearheading Major Fintech Reforms

Black Queens Cruise to 3-0 Victory Over Egypt in WAFCON Qualifier

Five Key Storylines to Follow Ahead of the 2025 Mexico City Grand Prix

Government Announces Death of Former First Lady Nana Konadu Agyeman-Rawlings

New UN Forum Aims to Tackle Developing Economies’ Debt Issues

Trending

Governor of the Bank of Ghana (BoG), Dr Johnson Asiama,
Business

BoG Governor Unveils Four-Pillar Strategy to Build an Innovative and Resilient Financial System

October 24, 2025

BoG Governor Unveils Four-Pillar Strategy to Build an Innovative and Resilient Financial System The Governor of the...

Lands Minister Revokes 278 Small-Scale Mining Licenses

October 24, 2025

UK Bans Lewis Hamilton and Chelsea FC Gambling Ads for Targeting Children

October 24, 2025

GSE Closes Thursday’s Session Lower as Composite Index Falls by 0.82%

October 24, 2025

BoG’s Director of Fintech and Innovation, Kwame Oppong, Exits Central Bank After Spearheading Major Fintech Reforms

October 24, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.