Thursday , December 12 2019
Home / france / Olympique Lyonnais presents record financial results

Olympique Lyonnais presents record financial results


Olympique Lyonnais is doing well. Very good. On Tuesday, OL Groupe presented on its official website the financial results of the last financial year. "Revenues for the 2018/2019 business year set a new record of EUR 309 million, benefiting mainly from the club's participation in the Champions League this season. In the league, the men's team ranked third in last year and will also play the group phase of the League champions 2019/2020.. Thus, the club, led by Jean-Michel Aulas, recorded growth in its activities by + 7%. In one year, the results actually increased from EUR 289.5 million (30 June 2018) to EUR 309 million (30 June 2019). In particular, it was found that the ticketing industry generated EUR 41.8 million (+ EUR 4.5 million, + 12%) and that partnerships and advertising generated EUR 31.3 million (+ EUR 1.3 million). + 4%). Television rights and marketing have brought great significance to Gones, with EUR 122 million (+56.8 million, + 87%).

"The sharp increase in television rights mainly reflects the club's participation in the group stage of the Champions League and in the 16th round of this season (Europa League in N-1)." UEFA's television rights have reached a record level of € 71.2 million per year (compared with € 14.2 million in N-1). National television rights were stable during this period, amounting to EUR 50.8 million, compared to EUR 51 million in N-1, with the third place in Ligue 1 (the same N-1 classification). "Said OL. As for dealing with players, the club has something to laugh about. "Transfer of Ferland Mendy to Real Madrid in June for EUR 48 million and EUR 5 million in incentives (he arrived in 2017 for EUR 5 million + EUR 1 million in incentives + 10% for capital gains) and two transfers worth more than EUR 10 million Mariano Diaz and Myziane Maolida) confirm the importance of the strategy based on the leading academy, the employment of young talents and the ability of the club to develop these potentials at sports level and the economy ".

OL works well and makes even more effort

The following is added: "The proceeds from the sale of gaming contracts voluntarily reduced at the start of the season in terms of participation in the Champions League amounted to EUR 88.2 million (EUR 125.3 million in N-1, including Alexandra Lacazette in Arsenal for 50 M €)". It should be added that transfers from Tanguy Ndombele to Tottenham or from Nabil Fekir to Betis were ignored since the balance ended on 30 June 2019. The future looks bright for OL. "In the years 2019/2020, the Group has benefited from the strong recognition of its revenue due to the qualification of the club in the Champions League, semi-finals and women's football World Cup final games at Groupama Stadium in July 2019, as well as promising market trends, especially in the field of player transfers ( world record transfer market ($ 7 billion in 2018, + 10.3% versus 2017)).

Then it is stated: "At the beginning of July, a new transfer of price deals for players was introduced with the transfer of international tie-bumper Tanguy Ndombelé to Tottenham for € 60m (+ € 10m in incentives)." In addition, the transfer of Nabil Fekir to Betis was made today by EUR 19.75 million (+ EUR 10 million incentives and 20% profit for future transfers). The increase in television rights for Ligue 1 from the 2020/2021 season (+ 60% over the 2020/2024 period, ie EUR 1.16 billion / season to EUR 726.5 million per year) is also an important vector of the medium-term growth for the Group. " A group that has ambitions. "In the next five years, the group intends to continue its development strategy based on the concept of" perfect entertainment ", an integrated set of entertainment and entertainment activities that are at the center of football activities. In this context, the Group confirms its goal of re-listing the top 20 European clubs on an economic level, with the growth of all its revenue lines and reaches the level of product activities of € 400 million. € ". The amount that the club can achieve under the leadership of Jean-Michel Aulas.

10% off with code FM10

Source link