Monday, April 5, 2010
This was revealed from the UEFA report titled "European club football Landscape" which was recorded by The Guardian. "English clubs have a balance which is estimated at 56 percent debt (clubs) in Europe," wrote UEFA said in the report.
Debt incurred English League clubs have reached the stage of worrying. The debt already exceeds half the club's debts in Europe.
This was revealed from the UEFA report titled "European club football Landscape" which was recorded by The Guardian. "English clubs have a balance which is estimated at 56 percent debt (clubs) in Europe," wrote UEFA said in the report.
Note that analyzed European clubs since the 2007-08 season shows there are 732 clubs that are already licensed by UEFA. Of this amount, debt 18 Premier League clubs in the UK reached nearly 4 billion euros or more than Rp 50 trillion. This figure is four times the amount of debt the clubs of Spain, which ranked second largest debtor.
Because only 18 teams called the Premier League, then the actual debt incurred by the English clubs must be more than that. Two clubs that are not listed by UEFA West Ham United and Portsmouth. Both of them did not enter the UEFA license because of financial difficulties and danger involved bankruptcy.
It is an irony for English soccer's most lots actually make money from television broadcasting rights in other countries than the league. The average number of the club's revenue is estimated at 18 122 million euros, or USD 1.55 trillion. Bundesliga ranks second with an average income of 79 million euros (nearly USD 1 trillion). The problem for English clubs is their courage to borrow money in a much larger number than 714 other teams.
"More than half of the debt (English Premier League club) associated with the club (or the company on my level) resulting from the increase so that more and more purchasing power to buy more burden, rather than support the investment or shopping club," the report said.
UEFA General Secretary, Gianni Infantino, feel concerned about this problem. He reveals, as much as 47 percent of the debt incurred by elite European clubs. The debt resulted in a decrease in revenue in 2008. MU, for example, bears the burden of credit amounting to 716 million pounds, or almost USD 11 trillion. Great debt is also borne by the Liverpool and Spanish giants Real Madrid.
UEFA must take responsibility for maintaining the continuity of life these clubs. "Examples of Portsmouth showed something had to be taken to help the clubs to be more durable," says Infantino.
"Premiership clubs have higher incomes, but really worried if they see their massive debt. If it is used for the expense of the players, problems arise when you can not borrow any more money and could no longer pay the debt," he said.
If this condition continues, the English Premier League teams at risk of losing their right to play in the European arena. Like never confirmed Uefa president, Michel Platini, started the season 2012/13, only the clubs which are financially sound may join European tournaments. (GRD)
LHW
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