European football’s governing body (UEFA) has ended the most recent fiscal year with losses of up to €46 million, a stark reversal from the €208 million profit reported for the season that concluded on June 30, 2024
The deficit recorded last season contrasts sharply with the more than €200 million in profit reported as of June 30, 2024.
Specifically, UEFA ended 2023–2024 with a surplus of €208 million, boosted by Euro 2024, a tournament won by the Spain national football team.
By business line, UEFA generated €4.065 billion from the sale of broadcasting rights, nearly €900 million less than the previous season. Commercial revenue totaled €786.9 million, down from €1.223 billion a year earlier.
Ticketing revenue reached €58.3 million, an 85% drop year over year due to the absence of continental national-team tournaments.
Hospitality added €41.8 million to UEFA’s business in 2024–2025, while other income amounted to €62.5 million.
Within broadcasting, Champions League media rights generated €3.1 billion in 2024–2025, compared with €456.7 million from the Europa League and Conference League.
On the expense side, UEFA allocated €4.602 billion to cover costs: €3.861 billion to clubs and federations participating in its competitions; nearly €470 million in solidarity payments; around €277 million in event-organization costs; and €54.2 million in contributions to federations.
Additional expenses included €62 million for refereeing, just over €170 million for personnel, and €73.1 million recorded as other operating costs, among smaller items.
As of June 30, 2025, UEFA’s balance sheet shows reserves of €521.8 million, still above the €500 million minimum financial safety threshold. Liquidity rose to €461.7 million, up from €340.9 million the previous year, while total debt increased to €2.1 billion.
