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Football Financial Crisis

Football Financial Crisis

The English Football League has been around since 1888 and has a rich history. Starting life as an amateur sport we wonder how many people at the time ever envisaged that it would turn into a professional sport with club owners and players appearing on rich lists around the world.

With the inception of the Premier League in 1992 players are earning more in a week than most working people earn in a year, with many stars taking home multi million pound salaries.

However things are not quite as rosy as they may seem in the beautiful game of football. Clubs, large and small, are battling to balance their books. Despite ever increasing ticket and merchandising prices more and more teams are entering financial meltdown, some entering administration several times and sadly even going out of business completely.

Via: TrophyStore.co.uk

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