Premier League set new profits record as finances soar
The Premier League has posted a collective pre-tax profit of £0.5billion (€0.57billion), almost three times the previous record of £0.2billion (€0.23billion) in 2013/14. The stark increase in profits can be attributed to strong broadcast revenues and Financial Fair Play rules, according to financial services firm Deloitte. Combined revenues of Premier League clubs increased to a record £4.5billion (€5.13billion) […]
8 years ago
Has money ruined football or has it bettered football?
Last week, accountancy firm Deloitte predicted that Premier League spending would eventually surpass £2 billion in a single season. The accountancy firm’s analysis showed that the 20 top-flight clubs spent £430m last month, almost double the previous record of £225m for a winter window, with the 2017-18 Premier League gross spending totaling £1.86bn, the highest ever amount […]
8 years ago
Premier League has a record 10 clubs in Money League’s top 20 richest clubs
Manchester United are once again the word’s leading football club for revenue generation according to Deloitte’s 2018 Football Money League table. United retained top spot for a second consecutive year, generating total revenue of €676m (£581m). The Manchester club pipped Champions League winners Real Madrid to top spot with just €1.7m (£1.5m) separating the two clubs; with […]
8 years ago