2024-07-25 19:10:06
this Olympique Lyonnais’ turnover increased significantly by 27% (and +78.7 million euros in one year), reaching a balance sheet of 368.3 million euros for the 2023-2024 season. Despite some declines in certain key industries, this phenomenal growth is the result of a combination of factors.
As of June 30, OL’s turnover was 368.3 million euros
Among areas that made progress were television rights and marketing, which grew by 12% to a total of €95.3 million. This growth was mainly attributable to CVC’s participation in the third €50 million revenue of LFP’s commercial subsidiary. Without this donation, the TV rights would have remained at €45.3 million.
Events also saw strong growth, growing by 162% to €43.5 million. This growth is attributed to the various major events hosted by Groupama Stadium, including concerts and international rugby matches. As for player transactions, revenue increased by 16% to €104.7 million, helped by the transfer of Bradley Barcola to Paris Saint-Germain (PSG) and Castello Lukeba. Will Leipzig (Leipzig) and other transactions.
TV rights, merchandising and events are gaining ground, ticketing and sponsorships are declining
Partner and advertising revenue fell 6%, affected by Ligue 1 rankings and the termination of contracts with certain partners due to financial difficulties. Still, the brand’s merchandise and other products have surged. Derivatives grew by 7% to 12.6 million euros. One of the major contributions came from the licensing of the brand to OL Féminin, which generated significant royalties of €26.9 million, increasing the division’s revenue to €54.3 million, an increase of 164%.
Finally, ticket revenue fell by 10% to €33.9 million, compared with €37.7 million in the previous year. The main reason for this drop is a slight drop in attendance at Ligue 1 home games.
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#Revenue #grow
