European Football Clubs Hit By Coronavirus, Valuation Plunges
June 24, 2020
9:09 am
European football clubs could take a 20 to 25 percent hit to their enterprise values (EV) because of the “unprecedented crisis” caused by the COVID-19 pandemic.
A study conducted by KPMG revealed this, taking into account players’ devaluation as well as the performance of the largest listed teams in recent months.
It then compared this with KPMG’s data collected earlier in the year.
“… KPMG’s forecast of the devaluation of the football sector at the top end of the market is between 20 percent and 25 percent, when compared with our …
