Get the newest Premier League 2015-2016 football outcomes, fixtures and unique video highlights from Yahoo Sports activities including stay scores, match stats and staff news. The golf equipment’ booming monetary health under the 2016-19 broadcasting deals places into perspective the present demands of the richest six clubs for yet extra money, from a greater share of the international TELEVISION revenue, which is shared equally amongst all 20. That demand, led by Liverpool and Manchester City and mentioned to be supported by Manchester United, Arsenal, Chelsea and Tottenham, clubs all owned by traders primarily based abroad, is about to be voted on at Friday’s Premier League meeting.
Stephen Lansdown is co-founder of FTSE one hundred financial services agency Hargreaves Lansdown. More recently, he invested in sport as he is majority shareholder of Bristol Rugby (rugby union), Bristol Flyers (basketball), and Bristol Metropolis (football).
The first yr of the Premier League’s report Â£8.4bn television deals , mixed with monetary rules aimed at preventing the majority of the cash being paid to gamers and brokers, has remodeled England’s high-20 clubs overwhelmingly into profit. The Guardian’s analysis of the clubs’ most not too long ago revealed accounts, for the 2016-17 season and financial year, found that 17 made a profit, on record revenues of more than Â£four.5bn.
The accounts show that these six clubs are already on a distinct monetary airplane from all of the others. Spurs, the sixth highest-incomes membership in 2016â€‘17, made Â£306m, Â£73m greater than the seventh highest, Leicester Metropolis, whose Â£233m revenues have been boosted by Â£70m from their one-off participation in the Champions League, after profitable the title in 2015-sixteen.
State they’re in Previously hailed as the ideal mannequin across football by Premier League government chairman, Richard Scudamore, this was the yr the Swansea Metropolis halo fell off. The … Read the rest