
Originally Posted by
BegbieHSC
Incidentally, the accounts last year from English clubs are stark.
Man City - £126m loss
Arsenal - £54m loss
Liverpool - £46m loss.
That’s with the incredible TV revenue they receive. Naturally, Covid has an impact, but if you look across the water, Bayern were very disappointed with their accounts as they only recorded a €17m profit.
Bayern, who have made big signings over the years haven’t recorded a single loss since 2003, and that was a loss of €2m. Over that period they’ve won 2 champions leagues, and countless other trophies - more success than any English club. In the summer there, they were fretting on whether to spend €10m on a player, as they didn’t want to risk making a loss, even with hundreds of millions in reserves.
Some call it cheap, but I call it responsible, which is night and day from the English game/Barcelona. Man Utd are hundreds of millions in debt, and win nothing.
The English clubs should really take a leaf out of many continental teams, and see making a loss as a dreadful thing, otherwise there will be more, bigger scalps than Derby County.
Bookmarks