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Sport: Behörde warnt vor katastrophaler Finanzlage englischer Fußballclubs

Englands Fußballbehörde schlägt Alarm: 94 Prozent aller englischen Profi-Vereine erwirtschaften Verluste. Die Finanzen vieler Clubs seien miserabel, viele von ihnen „technisch insolvent“.

Sport: Behörde warnt vor katastrophaler Finanzlage englischer Fußballclubs

A new report from the independent football oversight body (IFR) has warned of a potentially disastrous financial situation for English football clubs amid a major financial scandal involving Manchester City. Despite record-breaking revenues of around £9 billion (approximately €10.6 billion), many clubs are teetering on the brink of financial ruin.

According to the report, 94% of the 116 clubs in the top five divisions made losses during the previous season. Over a quarter of all clubs could not survive more than 30 days if their owners stopped providing financial support. The draft of the "State of the Game" report indicates that more than 60% of clubs in the English Football League (EFL) and National League are technically insolvent.

Even without payments to players, 17 clubs would make losses. Most clubs are financially unsustainable, with 20% of them in the Premier League. The report states that while some clubs are among the richest and most competitive in the world, others are on the edge of financial disaster. IFR chairman David Kogan said, "While some of our clubs are among the richest and most competitive in the world, others are on the brink of financial ruin."

Revenue has increased substantially, but costs have risen even more, leading to higher debts and losses, and increasing dependence on club owners. Kogan stated, "Anyone who reads this report can have no doubt that intervention is necessary."

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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