Europe's 'big five' soccer leagues generated a record €15.6 billion (US$17.4 billion) in revenue in 2017/18, according to analysis from financial services company Deloitte, reports, www.sportspromedia.com/.
The new figures covering England's Premier League, the Bundesliga in Germany, La Liga in Spain, Italy's Serie A and Ligue 1 in France represented a six per cent annual increase, up from €14.7 billion (US$16.4 billion) in 2016/17.
Deloitte also valued the European soccer market at €28.4 billion (US$31.6 billion), an increase of €2.9 billion (US$3.2 billion) on the previous year.
Once again, the Premier League was the market leader, boasting record revenues of €5.4 billion (US$6 billion), up €332 million (US$370 million) on 2016/17.
Germany's Bundesliga narrowly beat Spain's La Liga to become the second biggest revenue-generating league. Deloitte reported revenues for the two leagues of €3.1 billion (US$3.5 billion) and €3 billion (US$3.3 billion) respectively. The German top flight also remained the highest attended across European soccer, with average crowds of more than 43,000.
Deloitte reported that Italy's Serie A generated revenues of €2.2 billion (US$2.4 billion), with Ligue 1 in France bringing in €1.6 billion (US$1.8 billion).