Published 19:19 IST, September 14th 2020
Tottenham and Chelsea have received £521m & £433m in last 5 years, maximum funding in EPL
Popular Twitter account Swiss Ramble explained how Premier League finances work for clubs, shedding light on the role of Premier League owners as well.
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After Liverpool manr Jurgen Klopp’s recent comments regarding transfer spending and Premier League club funding, attention has once again shifted towards how top-flight clubs man ir finances. While speaking to media about club’s lack of transfer activity in a BBC interview, Klopp claimed that Liverpool can’t be run like or clubs who are owned by ‘countries’ and ‘oligarchs’. w popular Twitter account Swiss Ramble, which is famous for its insights on business of football has broken down Premier League finances by explaining how each club functions when it comes to finances. account also claimed that London clubs Tottenham and Chelsea have received maximum amount of funding over past five years (2014-2019).
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Premier League finances explained
thre begins with discussing how Premier League clubs man ir finances. While majority of funds are secured through gate receipts, TV deals, prize money et al, clubs also get ditional financing from Premier League owners or banks. thre by Swiss Ramble covered Premier League finances of 20 clubs in league over past five years. data collected by Swiss Ramble showed that Premier League owners have pumped in £1,569 million into ir clubs when it came to net financing, with a furr £366m sourced as loans from banks.
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Chelsea and Tottenham received highest funding
As far Premier League club funding is concerned, it was Chelsea and Tottenham which received maximum funding. Tottenham received £521 million while Chelsea received £433 million during five-year period. Or clubs that received funding urds of £200 million include Everton and Aston Villa. While Chelsea and Tottenham were top gainers, clubs like Manchester United and Arsenal actually showed cash outflows of £169 million and £101 million during same period.
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Seven Premier League owners have given more than £100 million to ir clubs
thre by Swiss Ramble also me an interesting comparison regarding relationship between Premier League finances and Premier League owners. tably, more than seven Premier League clubs have received urds of £100 million from ir owners over past five years. list was topped by Chelsea, who received £440 million. On or end of spectrum, clubs like Manchester United ended up paying £89 million to ir owners. Tottenham however, relied largely on external financing when it came to funding requirements. Spurs took out huge loans to fund construction of ir new stium, with amount totalling a massive £561 million.
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Or Premier League spending patterns revealed
Apart from above disclosures, Swiss Ramble Twitter thre also mentioned several or interesting patterns. When it came to getting loans from Premier League owners, Chelsea, Everton and Fulham topped list. ditionally, in past five years, only Manchester United and West Brom have me dividend payments to its owners. thre also took a look at finances of each club individually, intending to make users more aware of how Premier League finances function.
Im Credits: Chelsea Instagram, Tottenham Hotspur Instagram
19:19 IST, September 14th 2020