Home Sports PSG Made 27-Billion-Shilling Loss In 2020/21

PSG Made 27-Billion-Shilling Loss In 2020/21

Paris Saint-Germain suffered a 27.3-billion-shilling loss in 2020/21, an increase of 80 percent on the previous year, the annual report from French football’s financial authority (DNCG) said Thursday.

PSG Made A Loss

The deficit came from a season impacted by the Covid-19 pandemic, with games played behind closed doors.

Their income from tickets dropped Sh4.4 billion euros to Sh117 million, while the club’s salaries rose 21 percent to Sh61.3 billion.

According to the DNCG, the wages figure was as much as 14 other Ligue 1 clubs combined for the same period.

PSG received Sh24.6 billion of television revenue, of which Sh17.8 billion were linked to their success in the Champions League, where they reached the final in August 2020 and the last four the following year.

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