Who is the UK’s most profitable club and by default, our best chance for European footballing success?
In light of UEFA’s Financial Fair Play rules, Company Comparison has produced an extensive report detailing the financial position of all 20 Premier League teams.
UEFA are looking to alter the financial landscape and by default, potentially change who from the Premier League will be playing in Europe. It could actually become less about the positionin the league and more about the profitability of the club.
In short, FIFA’s Fair Play initiative requires that clubs looking to take part in the Champions or Europa League must:
Balance their football-related expenditure over a three-year period.
This is the first season that counts towards the 2013/14 assessment but clubs will be allowed to make a loss of 45m euros (£37.5m) over the three years, falling to 30m euros (£24.3) from 2015/16.
It is not until 2018 that clubs have to bring their annual losses below £8.8m
The ultimate sanction for any club that fails to comply is a ban from European competition.
Based on the tables in this report, if we were to fast-forward to 2018, both Manchester City and Chelsea would not be eligible. Furthermore, due to the financial health of other top teams, you would have to look at mid-table clubs to represent us in Europe.
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