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Ajax profit falls

Despite the premature cancellation of the Dutch league and the financial fallout associated with the coronavirus pandemic, AFC Ajax recorded a pre-tax profit of €26.9 million in the 2019/20 season as the club continued to benefit from a highly successful talent monetising strategy.  However, this was considerably below what the club achieved in the previous season.

The result was driven by an €84.5 million profit on player sales (€72.6 million the season prior) which weighed up an operating loss that rose from €4.4 million in the 2018/19 season to €55.6 million mainly due to declining turnover.

Turnover fell by just below €40 million as Ajax failed to replicate the European venture that brought them to the semi-finals of the Champions League in 2018/19.

The club expect the current season's financial result to be negative due to the effects of the coronavirus pandemic.


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