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Eagle Football Group (EFG) investor relations material
Eagle Football Group Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Total revenue for FY 2025/2026 was €223.3M, down 18% year-over-year, mainly due to lower Ligue 1 TV rights, fewer major events, and reduced player trading revenue.
Ticketing revenue increased by 5% to €45.0M, driven by a change in accounting for hospitality revenue.
The club finished 4th in Ligue 1 and will compete in the Champions League qualifying rounds.
Financial highlights
Ligue 1 TV rights revenue dropped 28% to €16.4M after the early termination of the DAZN/LFP contract.
Revenue from player registrations fell 29% to €79.2M, with notable transfers including Afonso Moreira and Georges Mikautadze.
Sponsoring and advertising revenue declined 5% to €29.2M, impacted by accounting changes and payment issues.
Brand-related revenue reached €23.6M, with derivative product sales at an all-time high.
Events revenue decreased 58% to €7.9M due to a less extensive schedule compared to the previous year.
Outlook and guidance
The acquisition by Michele Kang and new financing aim to ensure financial stability and support revenue growth strategies.
The club is guaranteed at least a Europa League spot for 2026/2027.
A mandatory tender offer for remaining shares will be filed with the AMF.
- EBITDA neared break-even, but heavy write-downs drove a €186.5 million net loss.EFG
H1 25/2614 May 2026 - Revenue declined 8% year-over-year, driven by lower TV rights and player trading income.EFG
Q3 25/26 TU14 May 2026 - Results delayed; major loss expected, but cost cuts and financing support ongoing operations.EFG
H2 24/2531 Oct 2025 - Revenue dropped 24% year-over-year, with a significant loss projected for 2024/2025.EFG
H2 24/25 TU28 Jul 2025 - Operating revenue up 12%, but total revenue down 46% on weak player trading.EFG
Q1 24/25 TU13 Jun 2025 - Revenue and EBITDA surged, but high debt and going concern risks persist.EFG
H2 23/2413 Jun 2025 - Revenue fell 28% year-over-year despite strong ticketing and media growth from European competition.EFG
Q3 24/25 TU6 Jun 2025 - Net loss reached -€117M as revenue and player trading declined, despite cost-cutting efforts.EFG
H1 24/256 Jun 2025
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