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As football is much in the news at the moment..what with the Harry Rednapp trial and the Fabio Capello resignation..here is another one of a very topical nature and all about money.
That well known financial house Deloitte have released the latest figures which show the richest clubs in Europe...which probably means the richest in the World.
The BBC say the following...
"Real Madrid's revenues of 480m euros (£401m) topped the Deloitte league table of the world's richest football clubs for the seventh straight year.
Deloitte's Football Money League, based on data for season 2010/11, says Real will match Manchester United's eight-year record if they stay top next year.
Real's arch-rivals Barcelona remained in second place, ahead of Manchester United, who stayed third.
Bayern Munich, Arsenal and Chelsea are fourth, fiifth and sixth respectively."
Here we are..the actual listing............
Deloitte Football Money League
***************************
1. Real Madrid: 479.5m euros
2. Barcelona: 450.7m euros
3. Man Utd: 367m euros
4. Bayern Munich: 321.4m euros
5. Arsenal: 251.1m euros
6. Chelsea: 249.8m euros
7. AC Milan: 235.1.m euros
8. Internationale: 211.4m euros
9. Liverpool: 203.3m euros
10. Schalke: 202.4m euros
As you can see there is still a lot of money floating about. A talking head yesterday said on Sky News that Fabio Capello had been paid so much money for mediocre success that it would make a banker blush.
Although some of these clubs make a lot of money, equally at the same time many of slightly smaller stature are deep in debt and some even going bankrupt.
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