The Premier League has generated £6.8bn in revenue for the 2024/25 season, twice as much as its nearest European rival La Liga, according to the Deloitte Annual Review of Football Finance. The English top flight’s revenue rose 8% year on year, driven by strong performances from English clubs in UEFA’s expanded competitions and a 13% surge in commercial income to £2.4bn. Yet beneath the record figures lies a stark warning: pre-tax losses ballooned from £135m to £948m, while net debt crept up to £3.6bn.
Matchday revenue exceeded £1bn for the first time, up 15% on the previous season, bolstered by rising ticket prices, increased stadium capacity, and more clubs reaching the latter stages of European tournaments. Broadcast revenue saw only a marginal 2% increase to £3.4bn, but the league’s traditional ‘big six’ clubs continued to dominate, accounting for almost three-quarters (73%) of collective commercial revenue.
“Premier League revenue hit £6.8bn in 2024/25, double La Liga's total, but pre-tax losses soared to £948m.”
The financial chasm between England’s top flight and Europe’s other major leagues is laid bare in the report. La Liga clubs reported €4.1bn (£3.5bn) – just over half the Premier League’s total – with Real Madrid (€1.2bn) and Barcelona (€975m) responsible for 52% of that aggregate. Serie A’s revenue rose 4% to €3bn (£2.56bn), concentrated among Juventus, Inter and AC Milan, which made up 45% of the total. Ligue 1 was the only league to see a decline, falling 15% to €2.2bn (£1.88bn) as a €0.4bn drop in commercial revenue wiped out small gains elsewhere.
The summer 2026 transfer window, which tracks all deals across Europe’s top five leagues, has seen notable players on the move, including Patrick Wimmer, Andy Robertson and Geovany Quenda – moves that are emblematic of the spending power that the Premier League’s revenue dominance affords its clubs. Yet the sharp rise in losses, driven by transfer spending and the absence of one-off player sale profits, raises questions about whether the financial model is sustainable, even as total revenue is expected to exceed £7bn in 2025/26 thanks to a new broadcast deal and three English sides reaching European finals.