Tribune News Network
Doha
Paris Saint-Germain and the Centre for Sports Law and Economics (CDES) presented on Monday morning the results of the study “Economic Impact and Social Utility of Paris Saint-Germain in the Greater Paris region for the 2023/2024 Season.”
Titled “A club at the service of its territory,” the study highlighted the strong local anchoring of Paris Saint- Germain.
Paris Saint-Germain generated an added economic impact of €243m for the 2023/2024 season. Over the past five years, Paris Saint-Germain’s contribution to the wealth created in the Greater Paris region has increased by 25% (€182.2m in the 2018-2019 season, as reported in the previous CDES study).
The organization of sporting events, unsurprisingly, is the primary value-creating activity for Paris Saint-Germain, with €74.6m generated.
Paris Saint-Germain is also a major employer, supporting 2,379 full-time equivalent jobs. This figure is broken down as follows: 746 direct jobs, 291 indirect jobs, and 1,342 induced jobs.
The Greater Paris region benefits from PSG’s European growth: with revenues of €805m in 2023-2024, PSG ranks as the 3rd highest revenue-generating club in Europe1, with an annual growth average of 17.9% since 2010-2011, leading the Top 20 European clubs.
