Fitch Ratings

23 June 2021 - 7:49 PM


Alamy | Hatem Ben Arfa from Football Club Girondin de Bordeaux is looking a bit worried during last years game against Olympique Marseille on the empty stadium in the Southern part of France. Fitch Ratings are also a bit concerned when they look at the financial situation in European football.

Fundamental financial problems in European football – the Super League plans might have been unpopular but they solved some serious problems

  • Super league plans may be gone, but thanks to pandemic woes, maybe not for good. Powerful players are blocking the need for flexible costbases in clubs.
  • We expect stadium attendance in Europe to reach around 40 per cent of capacity during the 2021/2022 season, improving to around 80 per cent in 2022/2023 and not fully recovering before 2023/2024.
  • The transfer market is also in very bad shape. This could lead to decisions that prevent clubs from receiving some much needed cash.

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