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Liverpool potential £42m blow compared with Barcelona and Man United

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Others hit harder than most were Roma (39.3 per cent drop to €141.2m), PSV Eindhoven (26 per cent drop to €71.5m), Besiktas (24.8 per cent drop to €74.2m) and AC Milan (23.8 per cent drop to €163.3m).

The coronavirus pandemic has shown no club to be immune from the financial ramifications associated with it.

Of the other Premier League sides included, Manchester United saw an 18.5 per cent drop to €579.6m and Tottenham Hotspur saw a 12.3 per cent reduction to €458.2m.

Barca made a net loss of €97m while Real showed a €0.3m profit in their published accounts.

Of Spanish football's big two, Barcelona saw a 15.7 per cent drop to €708m while Real Madrid dropped eight per cent to €681.2m.

For football it has been no different with over €5bn in losses forecast from the top leagues in Europe while teams such as Real Madrid, Barcelona and Atletico Madrid have had to take the drastic measures of implementing wage cuts to try and stop the bleeding.

Accountancy firm KPMG published their European Champions Report for 2021 this week, taking a detailed look at the impact of coronavirus on the finances of league winners Liverpool, Bayern Munich, Porto, Paris Saint Germain, Real Madrid and Juventus.
For more news relating to Spurs, visit our sister site Spurs Latest Live.
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