💰 UEFA have released their latest financial benchmarking report, and there are many interesting findings with respect to Russian clubs. (THREAD)
➡️ The RPL is the sixth best league in Europe in terms of revenue generation, and grew by 16% before the pandemic hit.
➡️ 65% of the league's matchday revenue comes from singular games/one-off VIP passes. Season tickets account for the rest; no RPL club relies on gate receipts for more than 20% of its income
➡️ Russian clubs spend 68% of their revenues on wages, which is around the industry average. and fairly normal. More worryingly, 5 clubs spend more than 80% of their revenues on salaries, which is unideal.
➡️ Russian clubs spend a billion euros on wages every year, have low earnings from transfers (110m/13% of total), and don't make much of a profit on their transfers. The financial makeup here of the RPL is similar to the SPFL and EPL.
➡️ Russian clubs make a loss of 48 million euros overall (pre-tax), which isn't too bad. 10 of them are still profitable.
➡️ Russian clubs are also categorised into disparate tranches when it comes to their equity situation
➡️ The RPL is projected to have lost out on 12-15% of what it would've made if not for the pandemic.
➡️ 52 clubs across Europe were deemed insolvent, five of these were Russian: Armavir, Mordovia, Avangard, Luch, and Tambov.
➡️ The RPL accounted for 3% of all transfer spending in Europe last year, but activity in the summer window was still 36% lower than what it was in 2019/20.
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