Total revenue of €163.6 million, compared to €178.7 million in the previous year.
Commercial revenue (ticketing and partnerships) increased by €4.1 million (up +8%).
An overall decline in revenue from activities, mainly due to the fall in Ligue 1 TV rights (-40%) following the early termination of the DAZN/LFP contract,
and trading revenue down by 11% over the period.
Lyon, 13 May 2026
| in €m (1 July to 31 March) | 31/03/26 9 months | 31/03/25 9 months | Var | Var % |
| Ticketing championship & other matches | 31.7 | 26.9 | +4.8 | +18% |
| Ticketing European matches | 4.2 | 4.1 | +0.1 | +3% |
| Ticketing | 35.9 | 31.0 | +4.9 | +16% |
| Media rights LFP-FFF | 10.7 | 17.8 | -7.1 | -40% |
| Media rights UEFA | 21.9 | 20.3 | +1.6 | +8% |
| Media and marketing rights | 32.6 | 38.1 | -5.5 | -14% |
| Sponsoring-Advertising | 21.8 | 22.6 | -0.8 | -4% |
| Derivative products | 10.2 | 9.7 | +0.5 | +6% |
| Other brand-related rvenue | 7.5 | 8.3 | -0.8 | -10% |
| Brand-related revenue | 17.7 | 17.9 | -0.3 | -2% |
| Seminars & visits | 2.8 | 4.4 | -1.6 | -36% |
| Major events | 1.7 | 7.5 | -5.8 | -77% |
| Events | 4.5 | 11.9 | -7.4 | -62% |
| Revenue (excluding player trading) | 112.5 | 121.5 | -9.0 | -7% |
| Revenue from the sale of player registrations | 51.1 | 57.2 | -6.1 | -11% |
| Total revenue (1) | 163.6 | 178.7 | -15.1 | -8% |
(1) API (Alternative Performance Indicator), which includes revenue from non-trading activities as well as revenue from the sale of player contracts. Unaudited estimated figures
1/ BUSINESS INCOME
Ticketing: €35.9 million (+€4.9 million, +16%)
As at 31 March 2026, ticketing revenues performed well, up by +€4.9 million (+16%). They also benefited from a change in the accounting treatment of Hospitality revenues[1], which are now recognized in full in the Ticketing line.
Media and marketing rights: €32.6 million (-€5.5 million, -14%)
The club's participation up to the Europa League round of 16 generates UEFA TV rights of €21.9 million as at 31 March 2026 (€20.3 million in the previous year, with qualification to the quarter-finals).
At national level, LFP/FFF TV rights are impacted by the sharp decline in domestic TV rights following the early termination of the DAZN/LFP contract in June 2025 and amount to €10.7 million with a 4th place in Ligue 1 as at 31 March 2026 (compared with €17.8 million in the previous year and 7th place in Ligue 1).
Sponsoring-Advertising: €21.8 million (-€0.8 million, -4%)
On a comparable accounting basis, Sponsoring-Advertising revenue would have increased by €3.3 million, or +15%. At €21.8 million as at 31 March 2026, Partnerships and Advertising revenue has been adversely affected by the change in the accounting method for Hospitality revenue further described below (approximately €4.1 million lower than the previous year).
Brand-related revenue: €17.7 million (-€0.3 million, -2%)
Derivative products sales rose by +6% to €10.2 million, with strong performance from boutique revenues. Other brand-related revenue stood at €7.5 million (€8.3 million in the previous year).
Events: €4.5 million (-€7.4 million, -62%)
Revenue from Major Events reached €1.7 million, driven by the Imagine Dragons concert on 3 July 2025.
As at 31 March 2025, activity had been particularly intense, with eleven football matches as part of the Paris 2024 Olympic Games and a France v Belgium match as part of the UEFA Nations League. .
Seminars and Visits revenue has been impacted by the unfavourable overall economic climate for businesses in France, as well as competition from new event venues in Lyon. It amounted to €2.8 million (€4.4 million in the previous year).
Player trading: €51.1 million (-€6.1 million, -11%)
Income from the sale of player registrations amounted to €51.1 million, with the sales of Georges MIKAUTADZE to Villarreal (€22.2 million), Lucas PERRI to Leeds (€12.9 million), Martin SATRIANO to Getafe (€5.3 million), Saël KUMBEDI to Wolfsburg (€4.6 million), ADRYELSON to Al Wasl (€1.1m), Téo BARISIC to Rijeka (€0.4m), Mathieu PATOUILLET to Al-Hilal (€0.3m) and Jordan VERETOUT to Al-Arabi (€0.0m), as well as various incentives and loan fees totalling €4.4m.
As at 31 March 2025, these stood at €57.2 million following the sales of Jake O'BRIEN to Everton (€14.2 million), Maxence CAQUERET to Come (€12.6 million), Orban GIFT to Hoffenheim (€9.2 million), Mamadou SARR to Strasbourg (€9.2 million), Jeffinho to Botafogo (€4.8 million), Mama BALDE to Brest (€4.2 million), as well as incentives totalling €2.9 million.
2/ RECENT DEVELOPMENTS AND OUTLOOK
Readers are invited to refer to the press release of 12 May 2026 regarding the half-year results.
| EAGLE FOOTBALL GROUP Tel: +33 4 81 07 55 00 Fax: +44 781 07 45 65 Email: finance@eaglefootballgroup.com www.finance.eaglefootballgroup.com | Euronext Paris - compartment B Indices: CAC All-Shares - CAC Consumer Discretionary ISIN code: FR0010428771 Reuters: EFG.PA (formerly OLG.PA) Bloomberg: EFG FP (formerly OLG FP) ICB: 40501030 Leisure services |
[1] Part of Hospitality revenues was previously recognized in the Sponsoring-Advertising line in previous fiscal years. This change in accounting policy has resulted in an increase of €4.1 million in the Ticketing revenue line.
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