Traditionally, football and finance only intersect in the boardroom, but that is about to change.

Football is never about just football. Football today is big business. And in football, a club’s financial performance directly impacts the team’s performance on the field.

To truly understand the modern game, now more than ever, you need to know the financial state of your club.

The Financial State of Eredivisie Clubs will give you insights, analysis, and everything else you need to know about your favourite club’s financial performance.

For instance, did you know that:

  • Ajax financially dominates the rest of the Eredivisie with almost 2x the revenue and player budget of PSV and represents more than 60% of the total equity value?
  • Feyenoord is the only club that lost money on transfers for 3 years in a row, with a combined value of over €30m down the drain?
  • COVID-19 has decreased revenues by €175m in 20/21? However, €75m has been covered thanks to government support.

This report dives into the financials of the 24 clubs that have played in the Eredivisie over the last 5 seasons. We will look at the intrinsic link between financial and on-field performance, how profitable clubs are, and how financially healthy the clubs come out of the global pandemic.

The Financial State of Eredivisie Clubs



Romke has three years of experience as a management consultant and holds Master degrees in Applied Mathematics from the Delft University of Technology and Operations Research from Erasmus University Rotterdam. He is currently pursuing a Master’s in Business Administration at Columbia Business School in New York City. He has a combined 20+ years of experience as a mediocre field goalkeeper and futsal defender, all while being an avid, albeit longsuffering, Feyenoord fan.

Any additional questions or eager to pick his brain on football finance? Do not hesitate to reach out to him at

Note that this document and the opinion in it are on a personal basis and do not reflect the author’s current or former employers’ views.