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The Arsenal board and Wenger have constantly talked about the UEFA Financial Fair Play rules and
how the Arsenal model is the model other clubs are striving for (financially if not trophy wise).
Arsenal are of the opinion that our prudence in the transfer market will eventually ensure we are a
successful club both on and off the field.
Manchester United today posted record operating profits of £110.9million for the year ended
June 30, 2011.
The club have also recorded a record revenue of £334.1million, an increase of £45million from
last year and passing £300million for the first time. That £334.1million in revenue beat the
previous record of £313m that Arsenal had previously announced.
Manchester United today posted record operating profits of £110.9million for the year ended
June 30, 2011.
The club have also recorded a record revenue of £334.1million, an increase of £45million from
last year and passing £300million for the first time. That £334.1million in revenue beat the
previous record of £313m that Arsenal had previously announced.
Having been heavily restricted in the transfer market in recent years due to terrible ownership and
massive interest payments, Liverpool manager Kenny Dalglish has looked to make the most of new
owners John Henry and FSG's willingness to commit...
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The obituaries being written about Manchester United's OAPs for the last five years are now
finally relevant. Gary Neville and Edwin van der Sar have retired, Paul Scholes might have by the
time you read this article and Ryan Giggs is holding back the development of younger players with
more long-term value to the club.
Liverpool manager Kenny Dalglish insists it will be "disrespectful'' to his current squad not to
make top-quality signings in the summer but also did not rule out a return for some familiar
faces.
Dalglish accepts there will be some movement in and out but he will not settle for anything less
than the best in terms of new arrivals.
Earlier this week the Guardian Data Blog published financial data for the English Premier
League. They chose to go with the obvious story about how in debt the clubs are (and it's true, it
doesn't look good) while others have decided to look at the relationship between wins and wages
(also true, there is a correlation between the two).
Liverpool FC's latest financial results, for the year to July 2010, don't look particularly
positive: the club made a £20m loss, thanks partly to £17m in interest payments on the £123m
debt piled onto the club by its much-despised previous owners, Tom Hicks and George Gillett. But
there was some good news in there too: revenues climbed to £184m, as the club continues to benefit
from the remarkable transformation in its commercial fortunes since hiring Ian Ayre in 2007.
Liverpool have announced that they lost £20m last year. The clubs latest numbers cover the
period August 2009 to July 2010 when the club was under the ownership of Tom Hicks and George
Gillett.
The accounts, obtained exclusively by the Liverpool Echo, show that Liverpool paid £17.7m in
interest payments in 2010, up from almost £13m in 2009.
Liverpool have announced that they lost £20m last year. The clubs latest numbers cover the
period August 2009 to July 2010 when the club was under the ownership of Tom Hicks and George
Gillett.
The accounts, obtained exclusively by the Liverpool Echo, show that Liverpool paid £17.7m in
interest payments in 2010, up from almost £13m in 2009.
Liverpool's managing director Ian Ayre is optimistic for the future despite the club posting losses
in its latest set of accounts.
The accounts, which will be published later on Thursday, saw the Reds record a £20million loss for
the 12 months ending July 2010 - the last full year of the reign of former owners Tom Hicks and
George Gillett.
Liverpool has revealed that the club sustained £20 million losses in the financial year between
August 2009 and July 2010, during the reign of Tom Hicks and George Gillett.
The co-owners were widely disliked on Merseyside for false promises over a new stadium, while being
blamed for the poor financial stability of the club prior to the takeover of Fenway Sports Group
(FSG).
The excellent Andersred blog has been detailing in depressing detail the truth about Manchester
United finances.Today's news that the club has been used by the Glazer family taking around £400m
in interest payments and charges since the Americans took control in 2005. The figures released
yesterday show Manchester United lost, yes lost!