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RE: LeoThread 2025-03-13 06:13

in LeoFinance7 months ago

Part 2/8:

The profit and loss statement (also known as the income statement) is perhaps the most significant financial statement. It details the club's income sources, which typically include:

  • Match day revenue (tickets, concessions)

  • Broadcasting rights

  • Commercial revenue (merchandise and sponsorship deals)

  • Revenue from player transfers

  • Competition winnings

The statement also outlines expenses, with primary costs being player and staff wages, transfer fees, administrative costs, and maintenance expenses for facilities. For instance, during the Covid-19 pandemic, Manchester United's match day revenue plummeted by 92% in 2021, yet its broadcasting income saw a considerable rise of 81% as postponed matches were played post-Covid.

The Balance Sheet