Thursday, 2 June 2016

Championship clubs have strained finances

The latest annual report from Deloitte Sports Business emphasises the strained finances of Championship clubs and their dependence on owner support: Finances

Wages to turnover ratios remain very high. In contrast, Premier League clubs enjoyed a second year of profitability.

1 comment:

ExpatCyp said...

This article seems to confirm that football club ownership is for the uber rich as a vanity project or a tax vehicle to set off losses as against related profitable companies and reduce overall tax liability. Everyone wants to chase the holy grail of The Premiership.