Paris Saint Germain Announce Record Revenue
November 7, 2019
Ligue 1 side Paris Saint-Germain have reported record revenue for the 2018/19 fiscal year.
The French Champions announced €637.8 million, which is a near 20 percent increase from last year’s result, which sat at €541.7 million.
This amount has been boosted greatly by two major deals the club signed this year. They were their new shirt sponsorship deal with Accor and a renewal of their current deal with Nike, which now stretches until 2032.
Bringing in such a huge amount of revenue just further establishes PSG as one of the biggest powerhouses amongst European football, closing in on the numbers that are produced by the likes of Real Madrid and Barcelona on a yearly basis.