Les Gones’ revenues are increasing, boosted by trading

May 13, 2022 at 1:20 p.m. by Nicolas Toison

Perhaps less sportingly, but economically, Olympique Lyonnais is smiling again after a period made very complicated by the Covid.

OL communicated the results of the activity of the first 9 months of the 2021-2022 season, and although it’s not a party in the league, Les Gones can be pleased to see their incomes increase, after a complicated Covid period. The OL group recorded an increase of 29%, compared to the previous year. This allows him to approach the 200 million euros (193.5 M€ to be exact) of income from activities. The company identifies several growing sectors, including trading which reaches almost half of the revenue (42.5%).

From €54.8 to €82.2 million, trading boosts OL’s income

In March 2021, the OL group announced the sale of player contracts for 54.8 million euros. A year later, this amount has increased by 50%, to reach 82.2 million euros. The departures of elements like Joachim Andersen and Bruno Guimarães weigh in the balance. It’s not the only area seeing an increase in revenue. Despite two closed doors and gauges, ticketing revenue is on the upward slope (€25.7 million), after a 2020-2021 financial year (€1.8 million) without spectators in most cases.

TV and marketing rights, the only sector on the decline

If the majority of the activities of the OL group are on the rise, that of television and marketing rights recorded a drop of 31%, from 60.7 million euros to 41.9 million euros. The reasons are many. The bad practice of Les Gones on the ground is one of them. The club can no longer claim any European competition, unlike last March, when it was in 3rd position. This drop in income is also due to the fact that last season, the Lyonnais received the revenue from their 2019-2020 Champions League semi-final, since it was played in August 2020.

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