Posts Tagged “Disturbing News”
Jun
13
2009
Annual Review of Football Finance Reveals Disturbing NewsPosted by: Mr.Football in Football Sites and The Best ArticlesAs of this writing, we even have the ex-Thai Prime Minister wanting a slice of the action by taking over the reins of Manchester City. Is the Premiership gradually becoming an expensive playground for the super-rich? I fear the answer is yes. And how true can this get, going by the latest annual review of soccer by one of the world s top-four auditors Deloitte & Touche. The Deloitte Annual Review of Football Finance, released on 31 May 2007, revealed that the following startling financial facts: 1) The combined wages of the English Premier League is expected to surpass the 1billion mark for the first time ever since the competition was formally inaugurated in 1992 1993. The wages of the twenty teams rose to 854 million for season 2005 2006 compared to merely 168 million in 2005. Now isn t it wonderful to be a soccer player instead of having a desk-bound job? 2) Wait, the rich pickings gets better for we can expect the first 200,000 a-week player in the EPL to emerge before … Tags: Deloitte Touche, Desk, Disturbing News, English Premier League, Epl, Finance News, Football Finance, Football News, Job, Manchester City, Playground, Premiership, Reins, Rich Pickings, Soccer Player, Soccer World, Thai Prime Minister, Wages |
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