Sparta Prague is celebrating a landmark financial year, with the 2024/25 season poised to be one of the most lucrative in the club’s history.According to František Čupr, Executive Vice-Chairman of the Board of Directors, the club has once again achieved profitability, a significant turnaround from its historical reliance on external funding.
The club’s financial success this season can be attributed to a potent combination of Champions League participation and strategic player transfers. while specific figures for all transfers remain undisclosed, the club saw key players like Ladislav Krejčí and Jan Kuchta depart in the summer of 2024, with Kuchta later returning. This season also included a significant sale of Martin Vitík, though not all outgoing transfers are directly accounted for within this specific financial period.
“We’ve had an incredibly triumphant year in terms of revenue,” Čupr stated. “It was a season featuring the Champions League and some significant player movements.However, it’s worth noting that this success isn’t drastically different from the previous season, which only included the Europa League, yet we still managed to make extraordinary progress in the spring.”
This marks the second consecutive year Sparta has finished in the black,a testament to their improved financial management. For the past two years, we’ve managed to end up in the black. Which is great, because historically the club had to subsidize itself really significantly,
Čupr explained. He further expressed optimism about the club’s newfound financial independence, adding, Today, the club does not need the financial support of Daniel Křetínský’s group, and I hope that it will last for a long time.
The club’s current budget stands at approximately 1 billion Czech crowns, a decrease of about 200 million crowns from the previous year. This adjustment reflects a strategic focus on lasting growth rather than unchecked spending.
Sparta has seen a remarkable surge in its commercial operations, with the number of partners doubling in recent years, leading to increased income from advertising and sponsorship. Ticketing revenue has also seen a dramatic rise, jumping from 30 million crowns annually to 200 million crowns over the last seven seasons. We get more money from the LFA, from TV rights. But if we don’t play cups and don’t complete the transfers,then it would be difficult to break even,
Čupr acknowledged,highlighting the interconnectedness of on-field success and financial stability.
Looking ahead,Sparta Prague has ambitious plans for significant investments in its infrastructure. A key project includes the establishment of a dedicated girls’ academy within the sports complex in Prosek.This expansive growth will feature new stands, training fields, a dormitory with classrooms, and a high school, a collaborative effort with the Prague 9 and 18 districts. Čupr indicated that this project is a major undertaking for the local authorities.
The Prosek development is expected to be completed well ahead of the proposed new stadium in Strahov. Additionally, the club is exploring plans for a stadium specifically for its second team, which currently plays in Žižkov. We have another site in the plan where we would like to build a stadium for the 2nd league, i.e. for our B team.You know that we are currently playing in Žižkov and Viktorka herself has a problem with the stadium, so we have to solve it.I don’t want to be too specific yet, but it should be in Krč,
Čupr revealed, hinting at a potential location in the Krč district.
