AFC Ajax has doubled its turnover during the FY 2018/19 to €199.5m ($219.1m), which has been largely attributed to its performance in the Champions League (CL) last season when the club reached the semi-final stage. This led to payments from UEFA of €77.9m along with an additional €15.3m from European ticketing revenue. The club’s net profit for this year is expected at around €20m, but it will be interesting to see how much more revenue they can generate if they are able to continue their upward trajectory.
AFC Ajax has doubled its turnover during the FY 2018/19 to €199.5m ($219.1m), which has been largely attributed to its performance in the Champions League (CL) last season when the club reached the semi-final stage. This led to payments from UEFA of €77.9m along with an additional €15.3m from European ticketing revenue. However, turnover from television and digital revenue, excluding CL, fell by €800,000 YoY to €10.6m, highlighting the potential impact of digital and disruption of broadcast markets within Europe.