In recent years, Europe's top clubs have generally fallen into a loss-making quagmire, with France's powerhouse Paris Saint-Germain (PSG) suffering particularly serious losses. According to French newspaper L'Equipe, PSG lost as much as €370 million in the last 2021 to 2022 season. With the renewal of Kilian McBarbie's contract, only the salary item reached 200 million euros, the future loss situation is not optimistic.
The analysis pointed out that PSG, which brought in Mays last season, had a payroll of 600 million euros and an operating budget that climbed to 1 billion euros. This is despite the fact that they have a number of star players and a record revenue budget of 800 million euros, thanks largely to the more than 50 million euros in funding brought in by internet platform Goat over the past three years.
Looking at Europe, almost every giants are facing huge losses, Barcelona needless to say, Manchester United, Inter Milan and Juventus and other teams also recorded hundreds of millions of euros in losses.PSG's 370 million euros in losses is not a violation of the law, but they are in the season and McBarbee after the contract extension, the payroll expenses surge, the total cost of as much as 200 million euros, the prospect of profitability is worrying.However, the financial situation is so worrying that the European Football Association will have to review the club's finances every six months and impose a fine of 65 million euros, as well as requiring them to meet financial fairness requirements over the next three years.
