Regional Business Information for Yorkshire
Football's rich and poor divide grows wider
18th October 2012
By Ian Briggs - Editor, Yorkshire
RUNNING a professional football team without losing money is becoming increasingly difficult for all but the clubs at the top of the Premier League, a major survey has found.
The financial disparity between the Premier League and the rest of the football industry is growing wider, according to the eleventh annual survey of football club finance directors published by accountants and business advisers PKF.
‘Leagues Apart’ surveyed 62 teams from the English Premier League, Football League Championship, Foo......for the full story register now for free or login below...
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Losing money? Manchester were £50M in the black the day before the Glazers took over and the next day £890M in the red, this story is irrelevant, the real story is about the Owners who are buying up our Clubs and stitching up supporters who have funded those Cubs for years...who are they? Where do they come from? and why are they interested? Its a cash cow and our FA/League structure pretends this is controlled? Rubbish! Supporter owned Football is the way forward - Its the only way!
Joe Royle
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I notice MUFC are advertising on this page so I dont expect this to be here in 10 minutes, I hope people see what I have written....
Joe Royle