Creditsafe has compiled a Premier League of its own, analysing football clubs purely on financial factors – and it spells bad news for champion defender Chelsea.
With the Premier League season now over, SBO decided to find out how some of the richest football team owners are investing their wealth.
Chelsea may have won the Premier League for 2017, but it’s Manchester United that comes out on top for its mass of unpaid invoices.
Despite teams in the Premier League posting total revenues of £3.6bn, pre-tax losses of £110m were recorded by accountancy firm Deloitte in new research.
The Football Premier League hit the headlines recently, not for sporting reasons, but due to a legal first – the obtaining of an injunction requiring the likes of BT and Virgin to block access to servers used to provide live streams of Premier League football matches to UK consumers.
In November 2015, EY found that as football continues to grow, so does its economic impact – “the Premier League generated over £6.2bn in economic output that contributed £3.4bn to national GDP in 2013/14”. But its clubs are losing out when it comes to broadband football scores.
Everton FC has joined Chelsea FC to become the latest Premier League Football club signed up to the Live Wage Foundation – paying all staff the rate.
Investors have always been attracted to Premier League football clubs in part due to the prestige of owning one, but some of the UK’s less glamorous teams have started stealing the spotlight – and here’s why.
Entrepreneurs should draw inspiration from all walks of life to improve their business ambitions, and that includes the football pitches of the Premier League.
Alisher Usmanov has strengthened his position as the second biggest shareholder at London football team Arsenal by acquiring the remaining stake of his business partner.
Premier League team AFC Bournemouth has become the latest club to turn to overseas investors for support, this time utilising the private equity route.
90min, a London-based football media platform, has scored a $15m Series D round to tackle New York and Germany. The round takes the company's total investment to $39m following its 2011 launch.