From a sporting point of view, the 2023/2024 season was disappointing for Ajax 1 men. The team achieved third place in the group stage of the UEFA Europa League, after which the European season ended after the round of 16 of the UEFA Conference League. The Premier League season ended with a fifth place. As a result, Ajax qualified for the second qualifying round of the UEFA Europa League in 2024/2025.
The Ajax 1 women had a more successful season. The team qualified for the group stage of the UEFA Champions League and reached the quarter-finals as group leaders. Ajax reached second place in the Eredivisie. The KNVB Cup was won and the season was crowned with a prize.
Key figures
- Net sales decreased by €44.4 million (23%) to €152.0 million, mainly due to lower European premiums and lower merchandise sales.
- Costs decreased by € 11.4 million to € 191.3 million (6%) due to a decrease in player salaries and purchasing costs as a result of lower merchandise turnover.
- The operating loss this financial year amounts to €39.3 million, compared to an operating loss of €6.4 million in 2022/2023.
- The result from player transfers amounts to €81.5 million, mainly driven by transfers of Mohammed Kudus and Edson Álvarez to West Ham United and Jurriën Timber to Arsenal. After depreciation of compensation amounts, the transfer result amounts to € 31.3 million.
- The net loss amounts to € 9.8 million. In the 2022/2023 season this was a net profit of €39.0 million.
- After processing the negative result of € 9.8 million, the equity amounts to € 226.4 million
Ajax expects a negative result after taxes for the 2024/2025 season. This is caused by the current cost level in relation to participation in the UEFA Europa League on the one hand and the transfer result achieved to date on the other. With a view to sustainable financial health, additional structural cost reductions are being implemented this season.
The following financial overview covers the period from July 1, 2023 to June 30, 2024 and is compared with the period from July 1, 2022 to June 30, 2023.
Explanation
The complete annual financial reporting as of June 30, 2024, including the notes to the annual accounts, can be found at ajax.nl.
Amsterdam, September 26, 2024
This press release has been prepared on the basis of the 2023/2024 annual report of AFC Ajax NV.
PricewaterhouseCoopersAccountants NV issued an unqualified auditor’s report on the 2023/2024 annual accounts in this annual report on September 25, 2024. The annual accounts still have to be adopted by the General Meeting of Shareholders (AGM).
General Meeting of Shareholders
The invitation to attend the AGM will be made no later than the forty-second day before the meeting by means of an announcement on the company’s website (www.ajax.nl). The AGM will be held on December 16, 2024 at 10:00 am