Majority of clubs on edge of 'financial disaster' - regulator
English football's finances are "dangerously exposed, with the majority of clubs living on the edge of financial disaster", a new report says.
A landmark report by the independent football regulator reveals that the majority of clubs in English football are on the brink of financial disaster. According to the research, 94% of clubs are loss-making, and over 60% of EFL and National League clubs are technically insolvent. The regulator warns of a dangerous combination of rising debt and reliance on owner funding, which puts clubs and their fans at risk.
The State of the Game report also indicates that financial cliffs between and within leagues have grown significantly.
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