UEFA: €600m in profits for European clubs in 2017 compared to €1.7bn in losses in 2011

"European club finances healthier than ever, thanks to Financial Fair Play: European clubs are now making €600m in profits compared to the €1.7bn combined losses in 2011 (the year Financial Fair Play regulations were introduced)," announced UEFA on 09/09/2018. The European body has compiled the financial data of 718 first division European clubs, which covers a period from 2008 until 31/12/2017.

"In 2017, for the first time on record, European top-division club football was profitable. The figures also reveal that club balance sheets are stronger than ever before, with assets €7.7bn higher than debts and liabilities, compared to €1.9bn at the start of 2011," added UEFA.

"UEFA has not been resting on its laurels, however, and the UEFA Club Licensing and Financial Fair Play Regulations (see downloads) have been updated for the new competition cycle 2018-2021," said the administrative body for European football.

UEFA: the cumulative net profit of European clubs has been steadily increasing since the introduction of Financial Fair Play in 2011

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