Manchester City have announced pre-tax losses of £93.4 million for the 2011-12 season. It means the Premier League champions have halved their losses, following a record loss of £197.5 million in the 2010-11 campaign. City’s annual revenue also rose beyond £200 million for the first time, partly because of their debut campaign in the Champions […]
Tag Archives: FFP
Chelsea back in the black in time for FFP
After nine years and more than £1bn of investment, Chelsea are in the black for the first time in the free-spending Roman Abramovich era, thanks to their Champions League victory, a rare profit on transfers and improved commercial deals. The chairman, Bruce Buck, claimed on Friday that the modest profit of £1.4m for the last […]
How Milan Became The First Victims Of Financial Fair Play
There is no such thing as a quiet summer in Italy. Whether its corruption scandals, managerial merry-go-rounds or sensational transfers, there is never a dull moment in Calcio, and the constant drama, often resembling the most ridiculous of soap operas plots, is just one of the things that makes football on the Peninsula so utterly […]
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