"SOME CLUBS ARE MAKING A LOT OF MONEY" Finance Expert on Deloitte Football Money League Figures

to begin with we can say that a number

of clubs are making a lot of money some

amounts there are astronomical to look

at and it's really incomprehensible to

understand if you're looking at the

wider financial situation of this world

but that aside we can then look into the

particular clubs and we can see that 11

of them more than half come from the

English Premier League which tells us

that English Premier League clubs are

making a lot of money some of them are

making a lot of money again we're

talking about the money they make not

the expenses here because we've had this

debate before about how much debt is

being collected but for now we can see

that they're making a lot of money but

we can also see that some big European

clubs are equally very wealthy well year

after year we are having a debate on

whether the English Premier League is a

bubble that is going to burst and year

after year we are given the answer by

the actual numbers that it's not it is

the biggest most commercialized most

popular European League

one could argue that it is the biggest

most commercialized most popular league

in the world well the sustainability the

financial sustainability of the Premier

League is what has raised the questions

on whether this is a bubble or not

because alongside the vast amount of

money we see

um being collected by these collabs we

also see the astronomical amount of

their expenses

so every year we question whether debt

in some of these clubs is sustainable

and every year these clubs survive

um we don't really have an answer to

that question on what is sustainable or

not because the UF the governing body of

the sport for example had introduced the

financial fair play regulations in order

to improve the Financial Health of

European football

and yet we cannot tell if that has been

the case we do not know if it is

sustainable and we do not know if it is

healthy we know that it is wealthy in

some cases in some clubs but that

doesn't mean that it is an overall image

of Health within European football we

have seen that clubs are getting bigger

and we have seen those numbers growing

which is impressive worrisome but also

impressive

so yes it looks like we might be in that

kind of spiral situation in which big

clubs will end up being wealthier and

bigger year after year and smaller clubs

might become smaller their debt might

increase

it is very likely that this will be the

situation again we have to see what

governance rules can be introduced to

maybe maybe this is a big maybe balance

this kind of situation better but we do

not have an answer to this question nor

can we really because things in the

European landscape are changing so we

don't know if in five years time we'll

have a completely different image or

harder rules different kind of

measurements that would allow smaller

clubs or less wealthy clubs to also get

a piece of the pie

so the interesting thing to see from all

of this is whether those 11 clubs that

are in the top 20 or the 16 clubs

English Premier League clubs that can be

found in the top 30. list can actually

find a mechanism for some of this wealth

to be distributed in smaller clubs

now that would allow for a more

sustainable Championship or ligue one

and two to potentially be able to break

into the Premier League in a few years

time in that case we will not be looking

at the oligopoly as we see now in which

some clubs dominate the the scene in

this country but we might be able to see

a bit of fluctuation there smaller clubs

achieving some sort of success again

this is maybe a dream but it could be

that a mechanism could be embedded in

the system to allow for this potential

positive change