More than half of the Premier League’s 20 teams are raising season-ticket prices for fans.
England’s top-flight soccer league will see 11 of its clubs increase the asking price for season-long admission to some of the most-watched games in sports. The increase marks a significant jump from the six teams that raised season-ticket prices in 2021 amid the pandemic.
The price hike follows heavy losses of potential matchday revenue due to fan restrictions at stadiums and inflationary pressures felt by Premier League clubs and fans around the world.
- Only eight clubs will freeze top season-ticket prices for the 2022-23 season.
- Tottenham Hotspur, which sells the most expensive Premier League season pass at $2,562, has frozen its ticket prices for next year.
- Arsenal sells the cheapest season pass at $1,168, a 14% increase year-over-year.
In addition to raising ticket prices, Premier League clubs will also deepen their pockets after they split roughly $3.3 billion in prize cash and central funds for the 2021-22 season.
Manchester City, the Premier League’s current champion, is set to pocket roughly $206 million from the payments, slightly ahead of the $205 million second-place Liverpool expects.
Hefty Losses
Manchester United, owned by the Glazer family, generated $192 million in revenue in fiscal Q3, but experienced a net loss of $35 million compared to $23 million in Q3 2021.
Tottenham posted $106.9 million in pre-tax losses for the fiscal year ending June 30, 2021.
