Revenue Made by English Football Clubs Tops £3bn For First Time: The Nightly EPL
For the first time in the history of English football, the amount of revenue generated by all 92 clubs in the top divisions has broken the £3billion barrier.
Here’s what The Guardian newspaper says tonight: “The combined annual revenue of the 92 clubs in the top four divisions has eclipsed £3bn for the first time, with earnings in the Premier League once again dwarfing those in the Bundesliga, La Liga and Serie A.
“The latest football finance review by Deloitte for 2011-12 shows that revenue from the Premier League’s 20 clubs increased by 4% to almost £2.4bn following another impressive year of commercial growth. The equivalent figure was £1.58bn in Germany, £1.4bn in Spain and £1.3bn in Italy.”
Dan Jones, a senior partner at Deloitte, said:
“The £3bn is a big stat. Likewise is the growth in the Championship itself – sometimes the Championship gets overshadowed by the Premier League. The reality is they’re both great successes. It’s just the Premier League is the bigger success.
“The Championship performance is extremely strong again. It’s the biggest second-tier league in Europe by a street. No one else has a second-tier league that comes anywhere close. People are pushing very hard to get in the Premier League. What is imperative is that clubs do that in a way that is sustainable. The Football League is bringing in its financial fair play rules precisely to address that.”
It’s incredible to think that English football has come so far. In the eighties, it was poorly run, overrun by hooligans and was in an awful state. Now it’s big business and growing rapidly worldwide.
Here are tonight’s Premier League news headlines:
- Revenue made by English football clubs tops £3bn for the first time — The Guardian
- Premier League clubs’ revenues rose to a record £2.4bn in 2011-12 — BBC News
- Hillsborough police officers question government report on the disaster — The Guardain
- Thomas Hitzlsperger and Jan Mucha will depart Everton on free transfers — ToffeeWeb
- Crystal Palace have made approaches for Blackpool duo Thomas Ince and Matt Phillips — Sky Sports
- Chelsea make £35million Hulk move after missing out on Radamel Falcao — The Mirror
- Fulham have completed the signing of goalkeeper Maarten Stekelenburg — Sky Sports
- Mark Hughes poised to hand winger Jermaine Pennant chance to revive his career — Telegraph
- West Ham have confirmed the signing of Spanish goalkeeper Adrian — Sky Sports
- Stuart Pearce calls his side’s performance in the opening 1-0 defeat by Italy “awful” — BBC Sport
- QPR manager Harry Redknapp warns he could walk away from the club — Sky Sports
- Liverpool expect Steven Gerrard to be fit for the start of pre-season — The Mail
- West Ham confirm that Carlton Cole has been released by club — West Ham United
- Chelsea roll back the years with sandy Stamford Bridge surface — The Mail
- Bolton back out of shirt sponsorship deal with payday lender after fan petition — The Mirror
- Relations are strained between Michael Laudrup and his chairman Huw Jenkins — Sky Sports
- Hillsborough inquest given prospective start date of Monday, March 31, 2014 — Liverpool FC
- Blackburn face losses of £40million this year — The Mail
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