Ranking Premier League Clubs By How Much They Could Lose if Stadiums Stay Closed

Premier League games are still be played without fans
Premier League games are still be played without fans / Alex Livesey/Getty Images
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It could be March 2021 before fans are allowed to once more attend live sporting events as a result of the ongoing threat of the coronavirus crisis. That would make it a full calendar of Premier League games being played in empty stadiums after doors were indefinitely closed in March 2020.

It was hoped that October could mark the return of limited of numbers of fans, only for a resurgence in the number of cases and positive tests to force such plans to be shelved.

Now, sports governing bodies have been warned they must prepare to carry on without fans for potentially another six months as winter approaches.

That could mean matchday revenue for English football clubs for most of the rest of the season, or perhaps all of the campaign depending on the severity and how subsequent spikes are managed.

It will hurt the pocket of clubs up and down the country, with matchday revenue accounting for significant proportion of annual revenue for plenty.

In the lower leagues, where commercial and broadcasting income may only be minimal, it could be catastrophic. But even top flight sides will feel the pinch if the ban on fans lasts into the spring.

Football finance blogger Swiss Ramble has compiled matchday revenue figures for all current Premier League clubs from the 2018/19 season to see approximate how they much they stand to lose if the worst should happen and there are no fans for the entirety of 2020/21.

Aside from the raw money figure, also keep an eye on the proportion of income that matchday revenue accounts for because that will tell you which clubs stand to be most negatively affected.

All figures relate to the 2018/19 season, the most recent for which complete figures are available. Estimates were used for clubs playing in the Championship in 2018/19 – Aston Villa, Leeds, Sheffield United and West Brom – as other revenues will grow by virtue of being in the Premier League.


20. Burnley - £6m

Burnley make relatively from matchday revenue alone
Burnley make relatively from matchday revenue alone / Pool/Getty Images

Matchday revenue as proportion of total income: 5%

19. West Brom - £7m

West Brom are back in the Premier League
West Brom are back in the Premier League / Alex Livesey - Danehouse/Getty Images

Matchday revenue as proportion of total income: 6%

18. Sheffield United - £9m

Sheffield United will miss out on close to £10m
Sheffield United will miss out on close to £10m / Pool/Getty Images

Matchday revenue as proportion of total income: 6%

17. Fulham - £11m

Not having fans back in 2020/21 would see Fulham miss out on eight figures
Not having fans back in 2020/21 would see Fulham miss out on eight figures / Pool/Getty Images

Matchday revenue as proportion of total income: 8%

16. Wolves - £12m

Wolves still make a relatively small % from matchday revenue
Wolves still make a relatively small % from matchday revenue / Visionhaus/Getty Images

Matchday revenue as proportion of total income: 7%

15. Leeds - £13m

Elland Road has Premier League football for the first time since 2004
Elland Road has Premier League football for the first time since 2004 / Pool/Getty Images

Matchday revenue as proportion of total income: 8%

14. Aston Villa - £13m

Matchday revenue would count for an estimated 8% of Aston Villa revenue
Matchday revenue would count for an estimated 8% of Aston Villa revenue / Julian Finney/Getty Images

Matchday revenue as proportion of total income: 8%

13. Everton - £14m

Everton are aiming for higher matchday revenue in the future with a new stadium
Everton are aiming for higher matchday revenue in the future with a new stadium / Visionhaus/Getty Images

Matchday revenue as proportion of total income: 8%

12. Crystal Palace - £15m

Crystal Palace stand to be less hurt than other similar clubs
Crystal Palace stand to be less hurt than other similar clubs / Richard Heathcote/Getty Images

Matchday revenue as proportion of total income: 7%

11. Leicester - £15m

Leicester's King Power Stadium hasn't seen fans since March 2020
Leicester's King Power Stadium hasn't seen fans since March 2020 / Pool/Getty Images

Matchday revenue as proportion of total income: 8%

10. Southampton - £17m

Southampton made £17m from matchday revenue alone in 2018/19
Southampton made £17m from matchday revenue alone in 2018/19 / Pool/Getty Images

Matchday revenue as proportion of total income: 11%

9. Brighton - £19m

Brighton could miss out on close to £20m in matchday revenue
Brighton could miss out on close to £20m in matchday revenue / Pool/Getty Images

Matchday revenue as proportion of total income: 13%

8. Newcastle - £25m

Newcaste stadium St James' Park is one of the biggest in the Premier League
Newcaste stadium St James' Park is one of the biggest in the Premier League / LEE SMITH/Getty Images

Matchday revenue as proportion of total income: 13%

7. West Ham - £27m

West Ham could be badly hurt by continued absence of fans
West Ham could be badly hurt by continued absence of fans / Catherine Ivill/Getty Images

Matchday revenue as proportion of total income: 14%

6. Manchester City - £55m

Manchester City stand to lose less than their closest rivals
Manchester City stand to lose less than their closest rivals / Visionhaus/Getty Images

Matchday revenue as proportion of total income: 10%

5. Chelsea - £67m

Matchday revenue as proportion of total income: 15%

4. Tottenham - £82m

Tottenham are yet to see the full monetary benefit of their new stadium
Tottenham are yet to see the full monetary benefit of their new stadium / Catherine Ivill/Getty Images

Matchday revenue as proportion of total income: 18%

3. Liverpool - £84m

Anfield's new Main Stand has brought in extra revenue
Anfield's new Main Stand has brought in extra revenue / Pool/Getty Images

Matchday revenue as proportion of total income: 16%

2. Arsenal - £96m

A quarter of Arsenal's revenue in 2018/19 was from matchdays
A quarter of Arsenal's revenue in 2018/19 was from matchdays / WILL OLIVER/Getty Images

Matchday revenue as proportion of total income: 25%

1. Manchester United - £111m

Games at Old Trafford make Man Utd more than £100m per season
Games at Old Trafford make Man Utd more than £100m per season / Richard Heathcote/Getty Images

Matchday revenue as proportion of total income: 18%