A report on the Premier League’s finances revealed some interesting numbers. Revenues for the clubs soared by 26% in the 2007/08 season to nearly £2bn.
Debt continued to increase and while 2/3 of the debt is carried by the big four it is nice to see Liverpool at the lowest end of the scale. Chelsea and Manure both have debts that are more than double that of Liverpool.
- Chelsea – £711m
- Manchester Utd – £649m
- Arsenal – £318m
- Liverpool – £300m
Salary Bills for the big 4.
- Chelsea – £172.1m (£132.9m)
- Manchester Utd – £121.1m (£92.3m)
- Arsenal – £101.3m (£89.7m)
- Liverpool – £90.4m (£77.6m)
The bottom line is that we need a new stadium to generate the extra revenue.
Debts might climb once Tom & Gilly or any future owner decides to start the construction however we are in a much better situation than Manure or Chelsea. What would happen to Chelsea if something happened to Abramovich? What about Manure? What would happen to their income once Fergie retires and they stop winning trophies? Because they do not have a loyal fan base like us their revenues will go down when their fair-weather supporters seek new clubs.
Yes the future looks bright.