Premier League Clubs Lost a Staggering £618 Million During The 2019-20 Season Due To Covid-19

Premier League clubs lost a staggering £618million in the 2019-2020 season due to the impact of Covid-19, with Manchester United hit hardest by the pandemic.

New financial figures from Swiss Ramble show United saw a massive £118m drop in revenue when football was brought to a standstill last year. Football was stopped for three months as the UK was plunged into lockdown to combat the rising cases of coronavirus.

When football finally returned in July, supporters were not able to attend and the majority of games in the 2020-2021 campaign also took place behind closed doors.

United usually see crowds of 75,000 at Old Trafford but saw their lucrative match day revenue disappear with fans kept away from stadiums. 

Each club, aside from the three teams who had been promoted to the top flight for the 2019-2020 season, saw a drop in revenue. The 17 teams lost £618m combined. 

Aston Villa, Sheffield United and Norwich, who all benefitted from new lucrative TV deals, were excluded. They recorded respective profits of £59m, £85m and £122m.