6 May 2020 - 12:01 PM
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PA Images | Off The Pitch have taken a look at the state of Premier League club's finances over the last decade. The financial reports for 2018/19 reveal that the clubs' business models were already leading them down an unsustainable path - long before the prevailing pandemic.
Premier League profitability analysis: How a decade of ostensibly endless wealth has resulted in a loss
- The Premier League clubs would be wise to take the time provided by the current lockdown to rethink their business models, or at least evaluate their expense accounts.
- With the 2018/19 annual reports now released by almost all the Premier League clubs, an era has come to an end - one in which ever-increasing turnover has nonetheless led to negative profits on aggregate.
- We have taken a look at the major mechanisms at play, and how the clubs are suited to the current crisis.
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