Premier League clubs’ £1bn losses in 11 charts

by Icondesigns

1 comment
  1. I know there’s a lot of hate out there for the rules at the moment but which of the clubs falling foul of the rules have actually been remotely well run in the last few years?

    Chelsea have been taken over by someone who’s effectively gambled that the money coming into the league will continue to grow exponentially like it is in American sports, then it’s backfired when things have plateaued. I saw yesterday that the average NFL franchise is 435% more valuable than it was 10 years ago, I genuinely believe Bohley managed to sell the dream that Chelsea could end up with a similar rise in value.

    Almost every Everton fan you’ll speak to will tell you they’ve been horribly run for years, a string of bad transfers and bad managerial appointments have left them with a low quality squad and a financial hole to crawl out of. I don’t think anyone can say they’ve been run in a manner that could be in any way described as sustainable.

    Leicester had a forced change in leadership through horrendous circumstances, which I think was one of the sparks that started their decline. Then in spite of some good transfers out, it feels like they never managed to be able to invest in the squad adequately in the last couple of years in the league. I remember they also had a horrendous string of injuries which cost them Europe one season which could have fixed a lot of issues if they’d made it.

    Forest are the ones I have some sympathy for as they sold a player just past the deadline which would have balanced their books. Just poor timing of when the accounts deadline is. Even still, they’ve had a pretty crazy few seasons in the transfer market, I think everyone was shocked when they paid what they did for Gibbs-White for example.

    I won’t get into the city situation because we all know what’s happening there.

    I know the deductions suck for fans of those clubs but well run teams are doing well under the rules as well and that’s what should matter. The rumoured “luxury tax” talked about yesterday seems like a horrendous replacement for point deductions as when you have vast amounts money, no fine will ever be big enough.

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