Manchester City’s “decade of hard work” closes the gap

MANCHESTER CITY’s historic 2018-19 season has not only been reflected in a trophy-packed boardroom, it has helped to deliver record revenues for the treble-winning Cityzens. City’s revenues totalled £ 535 million, the second successive season in which the club broke the half billion mark. In 2018-19, revenues rose by 7% while expenses dropped by 18%.  City generated a profit of £ 10.1 million, just short … Continue reading Manchester City’s “decade of hard work” closes the gap

AC Milan remain on the sick list

WHEN football people usually talk about “turnaround” it usually refers to on-pitch performance and perhaps a fight against relegation. In the case of AC Milan, the club that was once the most powerful in Europe is in danger of falling even further away from financial competitiveness. AC Milan, despite their vast support and their place in football’s pantheon, continue to be a heavyweight also-ran, struggling … Continue reading AC Milan remain on the sick list

State of Play: Sheffield Wednesday – club for sale?

JUST BEFORE Christmas 2018, Sheffield Wednesday owner Dejphon Chansiri hinted that he was prepared to sell the club he bought for £ 37.5 million back in 2015. He was speaking at a fans’ meeting and the subject of the club’s finances was being discussed. Sheffield Wednesday had been spending significant sums on wages and continued to make substantial losses. The current situation was unsustainable and … Continue reading State of Play: Sheffield Wednesday – club for sale?