Lyon's Q1 revenue drops despite uptick in broadcasting and commercial income
13 November 2020
The club estimate the negative impact of the coronavirus pandemic to have been €12 million for the first quarter of the 2020/21 season.
While Lyon expect the full season to result in a net loss, new sponsorships and an increase in domestic media rights should soften the blow.
An analyst described their performance as a "reasonable result".
Lyon's revenue excluding player trading fell by 12 per cent, or €7.2 million, to €51.1 million in the first quarter of the 2020/21 season as the coronavirus pandemic continued to weigh down the club's operations.
Ticketing income fell by 88 per cent to just €1.1 million with 5,000 spectators having been initially allowed at the start of the season before the figure was reduced to 1,000 from 22nd September.
The pandemic was estimated to have resulted in an opportunity loss of €12 million in the period.
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