110°
Submitted by jak3y13oy 938d ago | news

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 (Industry)

karim  +   938d ago
Wow...That's a gigantic sum
RGB  +   938d 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!

:)
buddymagoo  +   938d 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.
#1.1.1 (Edited 938d ago ) | Agree(0) | Disagree(0) | Report
karim  +   937d ago
Actually, Chelsea turned a profit this year
RGB  +   937d 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.

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