Even though football season is now over, teams around the world are examining their finances and planning for the next season. Despite the ever increasing amount of money coming into football, many of the clubs in the Premier League and throughout Europe are still making a loss and even some of the most famous are heavily in debt such as Barcelona with a £400 million debt to go with their champions league trophy. This is hard to believe when we examine the financial rewards currently available for success in modern football.
Manchester United have now earned more than £60m in earnings from Premier League prize money and TV cash from the overseas deals from TV has ensured that current premier league clubs can earn up to £7m more than the 2009 / 2010 season.
The English league governing body better know as the premier league shares out income in various ways firstly the money based on position in the league, then on equal shares of TV income, which is then added to depending on how many times your club is shown on TV on domestic television. The 2010/2011 season, each premier league club received a total of £13.8m of the … Read more at FryingPanSports