LYON SEES 1Q REVENUE FALL BY 25%
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LYON SEES 1Q REVENUE FALL BY 25%

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15 November 2010

 Listed French Ligue 1 club Olympique Lyonnais (OL) has announced unaudited revenue for the first quarter of the current financial year, the three months ending 30 September 2010, down by 24.5% at €34.8m.

 Receipts from ticketing totalled €4.1 million, down only slightly (€0.1 million), even though one less match was played. In the first quarter of the previous financial year, OL had also benefited from the preliminary round of the Champions League. Revenue from sponsoring and advertising totalled €4.6 million, rising 24.3% as a result of new contracts signed with adidas, Groupama, MDA, Keolis, Renault Trucks and the US group Huntsman via its Araldite brand. In addition, OL Groupe was able to take full advantage of the contract with Mangas Gaming (BetClic and Everest Poker brands).

€m

30 September 2010

30 September 2009

% Change

Ticketing

4.1

4.2

-2.4

Sponsoring- Advertising

4.6

3.7

24.3

Media Rights

15.8

18.9

-16.4

Brand Related Revenues

4.9

5.3

-7.5

Revenue (ex Player Trading)

29.4

32.1

-8.4

Player Trading

5.4

14.0

-61.4

Total Revenue

34.8

46.1

-24.5

 

However, media rights income totalled €15.8m, down by 16.4% on the same period the year before as a result of the club‟s poorer league sporting results in the first part of the season and its European performance. In the first quarter of 2009/10, OL had also earned some media rights connected to the club's participation in the preliminary round of the UEFA Champions League. Brand-related revenue totalled €4.9m, down by €0.4m. In the earlier period, Olympique Lyonnais had participated in the Peace Cup and recognised revenue of €0.8m from that and excluding the revenue tied to this biennial competition, brand-related revenue actually rose by 8.9%. The biggest fall was a result of a 61.4% decline in income from player sales. Revenue from the sale of player registrations in the first quarter was €5.4m reflecting the transfers of Mathieu Bodmer to PSG, Frédéric Piquionne to West Ham and Jean-Alain Boumsong to Panathinaikos, including incentives. For the 2010/11 season, with Jimmy Briand and Yoann Gourcuff having joined the club, Currently, OL has a professional side of 26 players, all internationals (28 in the previous season). Their average age is 24. In addition, young players still in training, such as Lacazette and Pied, will gradually play in the professional team's official matches.{jcomments on}

 

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