Great article in the Telegraph today regarding the Premier league and how much money clubs make and lose.
http://www.telegraph.co.uk/sport/football/competitions/premier-league/9255617/Revealed-the-financial-health-of-the-Premier-League-laid-bare.html
Its based on financial accounts 2010/11 and if I were a Blackburn or Bolton fan Id be very worried.
Bolton lost 17 million that season, Blackburn 15 million.
It also omits Birmingham who havent yet filed accounts and have had a transfer embargo because of it. Seeing as they missed out on promotion Id be interested to see what happens there in the next year.
The only teams with a positive cash flow were Arsenal (who have almost wiped out their Emirates debt already), Blackpool, Man Utd, Newcastle, Spurs and Wolves, althought Everton and Wigan are pretty much breaking even.
Man City made a loss of 178 million. Not bad going :)
Well worth a read if you can get a copy or
http://www.telegraph.co.uk/sport/football/competitions/premier-league/9255617/Revealed-the-financial-health-of-the-Premier-League-laid-bare.html
Its based on financial accounts 2010/11 and if I were a Blackburn or Bolton fan Id be very worried.
Bolton lost 17 million that season, Blackburn 15 million.
It also omits Birmingham who havent yet filed accounts and have had a transfer embargo because of it. Seeing as they missed out on promotion Id be interested to see what happens there in the next year.
The only teams with a positive cash flow were Arsenal (who have almost wiped out their Emirates debt already), Blackpool, Man Utd, Newcastle, Spurs and Wolves, althought Everton and Wigan are pretty much breaking even.
Man City made a loss of 178 million. Not bad going :)
Well worth a read if you can get a copy or