La Premier League al borde del colapso entre el exceso de gasto y la rotación de entrenadores
Los 2.700 millones de euros gastados hasta ahora por los clubes ingleses superan el gasto combinado de los mejores equipos de Italia, España y Alemania. Leer
The English Premier League is on the brink of financial collapse due to excessive spending and frequent coach rotations, according to a recent report. The 2.7 billion euros spent by English clubs this summer surpasses the combined spending of the top teams in Italy, Spain, and Germany. With unprecedented numbers of player transfers and coach changes, the Premier League's competitive intensity is evident.
As the transfer window closes in twelve days, the 20 top-flight clubs have collectively spent 2.7 billion euros on transfers for the new season. This exceeds the previous record of 2.6 billion euros spent by Premier League clubs in the same period last year. The Chelsea and Manchester City have spent the most this summer, with Chelsea alone spending 408 million euros and Manchester City 135 million euros.
The Chelsea has also led in terms of net spend, with expenditures exceeding revenues from player sales by 245 million euros. The high expenditure is fueled by record revenues, which Deloitte forecasts at 7.4 billion pounds for the season, driven by English clubs' strong performance in European competitions and new commercial agreements.
Despite the increased revenues, Premier League clubs have not achieved overall profitability since the 2017-18 season, according to Football Benchmark data. New regulations this season limit club spending on players to 85% of their football-related revenues, allowing them to temporarily exceed the limit. The reduced average coaching tenure in the Premier League is the lowest on record, with Manchester City among nine clubs starting the season with a new coach.
Enzo Maresca replaces Pep Guardiola at Manchester City, and Oliver Glasner takes over at Nottingham Forest, which had four coaches last season. Despite financial struggles, Premier League clubs continue to attract significant investor interest. The Liverpool owners, Fenway Sports Group, recently sold a minority stake to a consortium backed by Jeff Bezos for over 7 billion dollars, although this valuation is still far below the 12.5 billion dollars paid for the Los Angeles Lakers' basketball franchise.
Deloitte's Tim Bridge also noted a general belief among investors that European football is undervalued, and still far from realizing the maximum potential of clubs like Manchester City and their star players.
Written by urgent.news from Expansion ES's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.