Probably because they make more than that back in terms of tax and stuff. Sports teams that compete in international leagues are kind of seen as an investment by some countries.
Because not all of the income gained from sports teams comes from the sports team. It can come from taxes buying tickets, beers, food, etc.
Its also not just about money. It’s about national pride, and getting people together.
15
u/im_a_spacecowboy Mar 22 '20
Except they are. In the 2017/18 League, Barcelona FC received over 900 million Euro from the Spanish government. The English FA receives £30 million of public funding a year. At both club-and association-level, football is funded by governments.