Thursday October 29, 2020

Will the Premier bubble burst?

As the new season kicks off, English football continues to throw money around in cavalier fashion, but its vast debts are steadily stacking up

13th August, 2011

The new season of the Barclays Premier League is kicking off amid the usual blend of hype, hysteria and fanfare.

The circus is back, bigger and brasher than ever - and deeper in debt than ever, too.

For the past 20 years, football has operated by a different set of economic principles to other industries, and few owners seem to be worried by their club’s inability to turn a profit.

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