Before anything else, the Premier League It has been a worldwide success since its existence at the end of the last century. In this way, the league competition format attracts the interest of many big businessmen around the world, making the Premier a target for billionaire business. Finally, according to an economic study, the English Premier League contributed to the support of the United Kingdom 7.6 billion pounds.
Premier League Billionaire
According to the Economic and Social Impact Report, the league and its clubs made a total tax contribution of £3.6 billion to the UK Treasury in 2019/20. Of this amount, 1.4 billion pounds were accounted for by the players. Next, the study reports that the tournament and clubs have shown significant employment growth, with 94,000 jobs across the UK.
In addition, the study indicates that the number of club-related jobs has increased from 11,000 in 1998/1999 to over 87,000 in 2019/20650% increase.
Bigger fans than the Champions League
In short, the global audience was 3.2 billion in 2019/20Double the Champions League. In this sense, the games have reached 878 million homes worldwide.
On the other hand, it lost around £1.3 billion in broadcast revenue and Match day During the 2019/20 and 2020/21 seasons due to matches without an audience due to the epidemic.
The new EY report shows how we and our clubs continue to make a significant contribution to the UK economy and provide much-needed assistance to all levels of football and societies at a time when the pandemic has brought unprecedented challenges and uncertainty. We are proud of the level of support we provide to the football pyramid, as well as funding for community organizations from clubs across the country. “The importance of our work has become clearer than ever in recent times, as we help people who need it most,” said Richard Masters, chief executive of the Premier League.
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