Sunday, September 20, 2009

Ukrainian Football Clubs Excel in Losing Money


"Of the top leagues in the world, the Premier League was by far in the worst position when it came to the number of clubs with major losses. Only Romania, Ukraine, the Czech Republic and Poland had more clubs losing money among Europe’s 53 federations."


"In an attempt to contain such massive spending, UEFA has imposed new rules for clubs to break even on soccer-related businesses by 2012 or be stripped of their licenses."

see also

The general idea here is that some clubs excessively 'buy' success- it would be nice to get the list of clubs and their financial situation to test whether clubs with debts indeed do better on the field.

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