Crvena Zvezda, Partizan financial reports for 2024 reveal major funding differences

The 2024 financial reports of Serbia’s two biggest basketball clubs, Crvena Zvezda Meridianbet and Partizan Mozzart Bet Belgrade, were recently made public on the Agency for Economic Registers (APR) website.

Free throws this season

While the law does not require sports associations to provide extensive financial transparency, the published documents give significant insight into each club’s revenue streams, donations, and expenses.

Crvena Zvezda’s 2024 Financial Overview

• Sales Revenue: 1,532,332,000 dinars (~€13.07 million)
• Income from Premiums, Subsidies, Donations, Grants: 1,205,935,000 dinars (~€10.27 million)
• Costs of Benefits to Natural Persons (Contracts): 1,866,471,000 dinars (~€15.92 million)
• Total Business Expenses: 2,759,942,000 dinars (~€23.55 million)

Partizan’s 2024 Financial Overview

• Sales Revenue: 1,251,812,000 dinars (~€10.68 million)
• Income from Donations, Grants, Subsidies: 676,908,000 dinars (~€5.76 million)
• Salary Expenses: 1,830,881,000 dinars (~€15.62 million)

Key Highlights

• Crvena Zvezda generated €4.5 million more than Partizan in donations, grants, and subsidies.
• Red Star’s income from these sources totaled around €10.27 million, compared to Partizan’s approximately €5.76 million.
• In Crvena Zvezda’s financial report, no specific details were given regarding the origin of their premiums, subsidies, grants, and donations.
• Partizan, on the other hand, clarified that its donations came from a mix of private donors, the Basketball Association of Serbia, and the City Assembly, primarily for competition financing.

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