Bordeaux v PSG

13 May 2022 - 12:07 PM



Ligue 1 analysis: From bad to worse as clubs accumulate EBIT losses of €595 million

  • The DNCG announced the 2020/21 financial figures for Ligue 1 clubs last week, just as the 2021/22 season draws to a close.
  • Despite scant details, the figures make for interesting reading, with PSG sealing the highest wage bill in Europe and clubs like Bordeaux and Monaco presenting EBITDA margins more than 100 per cent in the red.
  • Why it matters: Ligue 1 has been in a terrible financial state during the pandemic and last month LFP announced a €1.5 billion deal with CVC to help mitigate the problems.
  • The perspective: Ligue 1 clubs highlight the difficulty of running a financially sustainable club while utterly dependent on player sales. In France, everyone is without doubt hoping for a quick recovery of the transfer market.

It was quite a surprise that the winners of last year's Ligue 1 ended up being LOSC Lille, finishing just one point ahead of Paris Saint-Germain.

What was not that big a surprise was that most of the French clubs had a massively challenging season financially. 

Last week, French football’s financial watchdog DNCG published its report for the 2020/21 season revealing stunning figures and losses. 

Off The Pitch has taken a closer look at the state of Ligu

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