Germany’s Bundesliga has announced $3.47 billion turnover for the 2015-16 season, its highest ever. The turnover is up by almost 24 per cent against last year.
Rise in media, advertising revenues and transfer cash helped the revenues, which was $2.8 billion last year.
Financial details of the leagues performance was announced German Football League (DFL). News agency Reuters said that this is the 12th consecutive year of rising revenues for Bundesliga.
Media revenue was up to $999.14 million from $782.82 million. Advertising revenues rose to $826.73 million from $79.65 million the year before.
Revenue earned from transfers for the club rose sharply to $569.72 million from $246.3 million in the season last year.
Good attendance, record revenues
“The four-year period starting next season with the marketing of our domestic media rights means there will be more record figures to come,” said DFL CEO Christian Seifert.
The auction of rights in June 2016 for a four-year period between 2017 and 2021 brought in $4.97 billion, an impressive 85 per cent above the last deal.
According to DFL, the average attendance per game in the top division was 42,421. During the last season, the number stood at 42,685, maintaining the Bundesliga as the best-attended league in Europe.