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Losses across Europe's leading clubs rise to record £1.46bn

With Financial Fair Play regulations soon to be introduced to the continents’ biggest teams, Uefa has announced debts increased by £500m between 2007 and 2011

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karim4088d ago

Wow...That's a gigantic sum

RGB4088d ago

Chelsea and City expected to be in that figure. Spending, spending, spending but not making the money in returns! Buying success with sugar daddies not by revenues in the business.

All this whilst Real Madrid become the first football club ever to turn 500 million Euros in a calendar year!

:)

buddymagoo4087d ago (Edited 4087d ago )

The year Manchester United broke records and became the first team valued at $3 Billion.
http://www.forbes.com/sites...

The most valuable sports team in the world.

karim4087d ago

Actually, Chelsea turned a profit this year

RGB4086d ago

@buddymagoo

United have bigger International connections and Real have turned more money over. Valuation doesn't turn profits. United should be making more money than Real Madrid in a calendar year but Real for a record 8th year have made the most money!

@karim

How much did they made? Probably lost it all this year after releasing loads of players and paying millions on unproven talent. No competition rewards either because you haven't won anything. I'm expecting a lose come next year. You guys need a bigger stadium if you want to turn more money over.