Real Madrid have lost 8 per cent in revenue in the 2019/20 season, as per KPMG.
Of course, most of the loss is due to the coronavirus pandemic that made European football stall for a few months.
Borussia Dortmund and Bayern Munich are the ones who suffered the least, mainly thanks to the Bundesliga’s early restart.
AC Milan and Roma are at the bottom of the list because the quarantine restrictions in Italy were imposed earlier than in other countries.