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22 Juillet 2024
The PSG budget is being developed like the stages of a thrilling match. First, the analysis of resources and expenses is done as strategic preparation before kickoff. Then, the preparation of the budget, like a first half, adjusts the forecasts and objectives. Finally, approval and implementation feels like an exciting second half, with final adjustments and financial celebrations, marking a new chapter towards success.
Paris Saint-Germain (PSG) has a budget of 700 million euros for the 2023-2024 season, placing the club well ahead of Ligue 1. This amount is higher than the combined budgets of Olympique de Marseille (270 million), Olympique Lyonnais (220 million), and AS Monaco (205 million).
PSG recorded a record turnover of more than 801.6 million euros for the 2022-2023 season, an increase of 20% compared to the previous season. The main sources of income include:
TV broadcast rights: 249 million euros, representing approximately 75% of revenues, with an increase of 79% compared to the previous season thanks to the agreement with CVC Capital Partners.
Ticketing and Merchandising: 153 million euros, contributing 20% of revenues, thanks to a stadium occupancy rate of more than 96%.
Sponsoring and Partnerships: 399 million euros, including agreements with Nike and Qatar Airways.
The PSG brand is valued at 1.2 billion euros in 2024, consolidating its position as the most valuable brand in French football.
Average Budget in Ligue 1
The average budget of Ligue 1 clubs for the 2023-2024 season is 130.1 million euros, a high average largely thanks to the financial power of PSG.
PSG spent nearly 800 million euros in transfer fees to build their squad. However, the club has adopted a more targeted approach, focusing on high-value players. Player sales also helped balance expenses and reduce payroll. The club has implemented a salary control strategy, aligning increases with sporting performance and revenue generated.
Reduction of losses
PSG reduced its net losses by 70%, to €109.8 million, demonstrating more effective financial management.
Outlook
With such financial resources and strategic management, PSG is well positioned to dominate French football and aim for future success in European competitions.
And there you have it, the PSG budget is ready for the big financial match! Let's hope the result will be as glorious as the celebrations after a decisive goal. With a little luck, we will avoid budgetary “offsides” and end the season with a resounding victory… with a surplus rather than a deficit! Come on PSG, when the final whistle blows, let's celebrate with numbers that score the perfect goal!