APOEL: Revenue of €19 million and expenses of €17 million in 2024

At the company's annual general meeting, Prodromos Petridis presented APOEL's financial figures for 2024.

The revenue, according to the announcement, amounted to €19 million, mainly due to the team's participation in the League Phase of the Conference League. These revenues include:

• Revenue from participation in European competitions
• Gross revenue from match tickets
• Revenue from sponsors
• Revenue from television rights
• Other revenue

The expenses reached €17 million and mainly concern the football department, including:

• Salaries and expenses of the football team and technical staff
• Expenses of the medical department
• Expenses for home and away matches
• Expenses for the management and maintenance of the training center
• Other expenses for the management of the football department

In addition, €600,000 was allocated to APOEL's academy, including all competitive teams and grassroots departments. Operating expenses amounted to €970,000, including the cost of managing the training center, while €707,000 concerned the cost of financing and repaying loans.