Globe and Mail: Even with locked out NHL..KHL still....
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11-11-2012, 03:57 AM
Join Date: Jan 2003
Originally Posted by
Football is definitely profitable if you do things the right way.
Every major football club is in debt bar Bayern Munich.
, everyone. Loss is usually covered by club´s owners, ,
are in debts as well,
Chelsea announced they are in profit first time after 8 or 9 years
, and it took them to win Champions League to become profitable, which cant happen anymore to them.
Remember all the Liverpool drama with american owners (Gilette/Hicks), because they dared to make money there ?
Howevert strange it might sound for north americans, club´s owners arent expected to make money in footie.
In Bundesliga, Bayern is safe, even helping out other clubs (Dortmund, 1860). Schalke are in red numbers due to new arena construction, Dortmund are still battling with old debts from 90s, Nuremberg talks last 10 years about being debt-free starting from new season, Cologne managed to make minus 10m in just one season etc. Some so-called factory teams (Leverkusen, Wofsburg, Hoffenheim) would go dust in a minute their major owners would reduce their spendings. And thats the financially healthiest league in Europe I´m talking about.
Last edited by kajoo: 11-11-2012 at
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