• Loading stock data...
Friday, May 30, 2025

Premier League Contributed $10.4B to U.K. Economy

  • In just one year, the Premier League can bolster the British economy by billions.
  • In 2019-20, the league made a $10.4 billion economic impact on the UK, according to a report prepared by Ernst & Young for the league.
(Premier-League-2020)
Premier League/Design: Alex Brooks

In just one year, the Premier League can bolster the British economy by billions — even amid a global pandemic.

In 2019-20, the league made a $10.4 billion economic impact on the U.K., according to a report prepared by Ernst & Young for the league.

The impact was widespread. London only received 28% of the economic impact — the rest was felt outside the city.

  • The Premier League supported 94,000 jobs, paying about $4 billion in salaries.
  • Clubs paid $4.9 billion in taxes.
  • $2.5 billion went to the supply chain.
  • International fans traveling to Premier League games generated $602 million.

The league, which began in 1992, hasn’t always offered this much to the nation’s wealth. Its contribution has grown about 840% since the 1998-99 season.

COVID-19 Fallout

The 2019-20 season, of course, underwent a COVID-induced pause and lost billions due to a lack of live fans and postponed games. In all, the European soccer market dropped $29.7 billion, per Deloitte — a 13% dip. 

Some losses were mitigated with a $7.1 billion parachute fund organized by UEFA. The EFL also prepared a $341 million package. 

Perhaps the Ernst & Young report’s non-pandemic economic estimate could give a glimpse into the future. In a normal season, it said the Premier League could have contributed 15% more — or $11.9 billion.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Rangers Football Club

49ers Venture Arm Buys 2nd Soccer Team With Rangers FC Deal

49ers Enterprises also owns Premier League club Leeds United.

How the Champions League Anthem Took on a Life of Its Own

The composer didn’t know he wrote a timeless hit three decades ago.
Jun 7, 2023; Arlington, Texas, USA; Eva Longoria throws the first pitch prior to the game between the Texas Rangers and St. Louis Cardinals at Globe Life Field.

Can ‘Welcome to Wrexham’ Spin-Off on Mexican Team Necaxa Be As Big..

Ryan Reynolds, Rob McElhenney, and Eva Longoria are executive-producing the series.

Featured Today

How Rolex Paved the Way for Luxury’s Love Affair With Tennis

“It’s almost impossible to think about tennis without thinking about Rolex.”
Mar 23, 2025; Miami, FL, USA; Alexandra Eala (PHI) reacts after winning a point against Madison Keys (USA)(not pictured) on day six of the Miami Open at Hard Rock Stadium.
May 24, 2025

Alex Eala Is Defying Her Country’s Odds to Make French Open History

The Philippines native has overcome a unique set of financial odds.
May 24, 2025

Indiana Is the Center of the Basketball Universe—Thanks to Both Pro Teams

The Fever and Pacers are thriving at the same time.
Around the Horn - October 26, 2020
May 23, 2025

‘Quirky, Nutty, Bombastic’: 10 ‘Around the Horn’ Faces on Their Top Moments

“A quirky, nutty, bombastic, mostly wrong, sometimes right, crazy sports family.”
Jun 13, 2018; Moscow, Russia; A general view of a beer stand inside of Luschniki Stadium one day prior to the start of the FIFA World Cup 2018.

Saudi Arabia Says No Alcohol at 2034 World Cup

Saudi Arabia won’t allow alcohol anywhere during the 2034 World Cup.
August 30, 2024

Premier League Transfer Spending Has Already Topped $2 Billion As Deadline Looms

Saudi Pro League teams haven’t yet matched their English counterparts.
January 13, 2025

Gavin Newsom Reveals Status of 2028 Olympics As Los Angeles Wildfires Roar

Gavin Newsom says there’s a “Marshall Plan” to rebuild Los Angeles.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

In Episode 7 of Portfolio Players, go inside the boardroom with Avenue Capital CEO and former Milwaukee Bucks co-owner Marc Lasry on Giannis’s future, women’s sports, and upstart leagues like TGL and Unrivaled. 
Paralympics Tiktok
August 25, 2024

The Wildly Successful Paralympics TikTok Account Isn’t What You Think

A cheeky TikTok account is opening the world of Paralympic sports.
August 11, 2024

Passing of the Torch: Los Angeles Set for Olympic Firsts in 2028

The city last hosted the Summer Olympics in 1984.
August 1, 2024

Saudi Arabia Submits Bold World Cup Bid That Includes a Cliffside Arena

The Saudis are proposing a new stadium in a futuristic city called Neom.
John John Florence (USA) surfs in men’s round two competition during the Tokyo 2020 Olympic Summer Games at Tsurigasaki Surfing Beach.
July 29, 2024

Olympic Surfers Won’t Get Their Full Paris Moment

‘We’re kind of separate off on our own little thing over here.’