Arsenal, Chelsea & Spurs Help Generate Over £134m Per Year For London Economy
Premier League football clubs such as Arsenal, Chelsea and Tottenham Hotspur help generate over £134m in tourism-related income for the London economy each year
Premier League football clubs such as Arsenal, Chelsea and Tottenham Hotspur help generate over £134m in tourism-related income for the London economy each year, according to a study from GoEuro.
The research looked at how much host cities generate from matches in regards to income brought in by away fans for accommodation (£312,000), inner-city transport (£20,330,000), food and drink (£23,242,000), and national transport (£3,326,000).
As a whole the 20 Premier League clubs play 380 games in 13 cities across the country which attract 1,378,500 travelling fans each year, and they generate a whopping £447,688,000 worth of income for British travel and tourism companies.
This is by far the most when compared to any other top European league with the German Bundesliga coming in second with £238,695,000 worth of income while Spain’s La Liga is third with £229,984,000.
London is unsurprisingly the highest earning city with away fans travelling to the 5 London-based Premier League clubs (Arsenal, Chelsea, Tottenham, West Ham and Crystal Palace) bringing in over £134m to the capital’s economy.
Manchester is the second highest earning city with United and City generating £69,810,000 in travel and tourism income while Liverpool and Everton help bring in £43,884,000 to the city of Liverpool.
Here is a breakdown of income generated by Premier League clubs for each of the 13 cities:
- London – £134,337,000
- Manchester – £69,810,000
- Liverpool – £43,884,000
- Birmingham –£30,630,000
- Newcastle – £28,124,000
- Sunderland – £22,860,000
- Leicester – £16,668,000
- Southampton – £15,850,000
- Norwich – £14,544,000
- Stoke-on-Trent – £13,658,000
- Watford – £11,118,000
- Swansea – £10,927,000
- Bournemouth – £5,836,000
The staggering report also found that the Premier League is worth £1,312,877,000 across the country with £447,688,000 spent on travel and tourism alone, which once again highlights just how lucrative the competition is.
You can check out the full report here: http://www.goeuro.co.uk/travel/tourism-income-premier-league