Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
EPL clubs lost $560 million last year
The Guardian, May 25th, 2012 3:20AM

MOST READ

MOST COMMENTED

English Premier League lost a total of $560 million despite a record $3.6 billion in income during the 2010-11 season.

Manchester City, in the third year since Sheikh Mansour bin Zayed Al Nahyan bought the club, lost $308 million -- the greatest financial loss in the history of soccer.

Chelsea lost the next highest amount, $106 million, bankrolled by their owner, the Russian oligarch Roman Abramovich, who loaned $147 million to the club during 2010-11 season. Liverpool, owned American John Henry's Fenway Sports Group, lost $78 million.

Of the clubs that were in the Premier League in 2010-11, the year of most clubs' latest published accounts, eight made a profit, of $152 million in total.

Read the original story...


1 comment
  1. Carlos Thys
    commented on: May 25, 2012 at 11:35 a.m.
    Yet we'll never see any sanctions at all against clubs like Manchester City, FC Chelsea, Real Madrid, FC Barcelona, or FC Liverpool, now will we? How about the Italian clubs that NEVER operate in the black and frequently fail to pay or fail to pay in full their players?


Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Ozil on the Defensive    
In an interview with German news outlet FAZ, Arsenal's much-maligned playmaker Mesut Ozil defended his record ...
LVG: We Threw Away Three Points     
Louis van Gaal said that Manchester United threw three points away as Leicester City twice rallied ...
Messi Closes in on 400 Career Goals     
After scoring the last of Barcelona's five goals against Levante on Sunday, Lionel Messi moved to ...
Bayern Looking Up at Paderborn    
Just four games into the Bundesliga season and Bayern Munich finds itself in the unfamiliar position ...
PSG Continues Slow Start     
For the third game in a row, struggling French champ Paris Saint-Germain drew 1-1 after taking ...
Inzaghi Responds to Milan President's Criticism     
Milan President Silvio Berlusconi on Sunday fired a thinly veiled criticism at Milan coach Filippo Inzaghi ...
Mourinho: Lampard 'Love Story' Over at Chelsea     
Chelsea coach Jose Mourinho proclaimed that the "love story" between his Blues and current Manchester City ...
Nigerian U-20 star Dike hopes more Cowgirl goals will come    
Goals by Courtney Dike helped Nigeria reach the final of the Under-20 Women's World Cup in ...
Inzaghi: Milan Has Nothing to Lose Against Juve     
AC Milan on Saturday hosts Juventus in an early-season top-of-the-standings clash of Italian heavyweights. While Milan ...
London Wins Semis and Final of Euro 2020    
UEFA on Friday awarded Wembley Stadium in London as the venue for the semifinals and final ...
>> Section 2 Around the Net Archives