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Premier League clubs could face bankruptcy in the future if they do not modify their spending

"Never mind that £30 million had just been spent by Premier League clubs in 24 hours and Chelsea were announcing annual losses of £67.7 million. Never mind that, only last week, Uefa revealed an astonishing collective debt among European clubs of £7 billion. And never mind that Premier League spending this year still surpassed five of the previous nine January transfer windows and was double the 2010 figure." The Telegraph

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telegraph.co.uk
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buddymagoo1764d ago

United and Arsenal seem to be the only teams capable of running them selves properly and making good profits. The rest should deducted a point every million lost.