Relegated LaLiga club crowned Europe's best: Off The Pitch announce the top financial performers of 2019 

28 July 2020

Photo: PA Images The just-relegated LaLiga club Leganés - surprisingly - ranked number one in our analysis of the financially performing clubs in Europe in 2019. See Top 10 in the story.

Which European clubs were the most financially well driven in 2019?

Off The Pitch has analysed 128 clubs on three off-pitch performance indicators to determine Europe's best-performing clubs.

We have corrected for size by looking at the EBITDA margin, return on assets, and the equity ratio, and there are quite a few surprises at the top. 

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Joseph Mailil and Mads Christian Fogt Jensen, analysts

For years the football industry has been criticised for its reckless financial approach, in which sporting success often seems to overshadow the business imperative of proper management of cash inflows and outflows. 

Over the past decade, awareness of financial sustainability within the industry has been raised by sporting organisations like UEFA, which, with the introduction of Financial Fair Play, gave rise to the enormous pressure that clubs today are under. 

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