Lyon's Q3 earnings drop as pandemic all but certain to cause steep additional losses

13 May 2020

OL
Photo: PA Images Income from events rose by 24 per cent to €6.5 million as the club continue to grow their non-matchday revenue stream, but the French government's prohibition of larger events has meant the cancellation of a series of arrangements, including the music festival Felyn, Monster Jam and a Paul McCartney concert.

The French club's revenue dropped by €9.8 million in the first three quarters of the season due to the coronavirus crisis.

Facing no European football next season, cancellation of non-matchday events and general uncertainty, Lyon's income looks certain to fall steeply in the coming year.

Lyon expect to lose out on a total of €50 million in income this season due to the crisis.

The club have not reiterated their projected sponsorship income for next season.

Emil Gjerding Nielson nielson@offthepitch.com

Olympique Lyon's revenue fell by €9.8 million to €175.1 million (excluding transfer income) in the first three quarters of the season , mainly due to the coronavirus pandemic, but the club face much steeper losses in the coming year as a veil of uncertainty continues to cloud the world of football.

Do you want to read this article?

Get instant access by signing up for a 7-day free trial

No credit card, no commitments and it will expire automatically.

You will receive a link that activates your trial in an email.