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
New York passes goal-anchoring law    
New York Governor Andrew Cuomo has signed a bill late that requires the state to come ...
Gervinho Tries to Smuggle Woman into Italy     
Apparently, AS Roma and Ivory Coast forward Gervinho tried and failed to smuggle a woman onto ...
Report: Wilshere Out Two-Three Months     
The Guardian on Monday reported that Arsenal midfielder Jack Wilshere, who went off injured in the ...
Enrique: Messi to Play Different Positions for Barca    
Lionel Messi will be used both as the main striker as well as a wide forward ...
Valcke: FIFA's Reputation is Damaged    
FIFA general secretary Jerome Valcke on Tuesday acknowledged that it could take "years" to rebuild FIFA's ...
Ribery Rips FIFA's Ballon d'Or     
Bayern Munich winger Franck Ribery expects teammates Arjen Robben and Manuel Neuer to miss out on ...
Pellegrini: Aguero 'One of the Best in the World'    
Manuel Pellegrini hailed hat-trick hero Sergio Aguero for rescuing Manchester City's UEFA Champions League hopes with ...
Mourinho Hails 'Complete' Chelsea     
Jose Mourinho hailed the 'complete' performance of his players as Chelsea sealed first-place in Group G ...
Report: Real Beats Barca to Promising Youngster    
Real Madrid has beaten Barcelona to the signing of promising youngster Marco Asensio, in what Spanish ...
Guardiola Hopes Messi Stays at Barca     
Bayern Munich coach Pep Guardiola said he hopes "with all my heart" that Lionel Messi ends ...
>> Section 2 Around the Net Archives