Monday, September 25, 2017
THE DEBT OF SOME BIG CLUBS.
Football clubs have often landed in financial problems , mainly due to over spending on footballers.
But they get money from sponsorship deals and T.V.rights as well to help pay their debt
In Spain Barcelona and Real Madrid are paid a huge 140, one hundred and forty million Euros. While other clubs are paid less yearly.
But in England it is divided equally among the twenty clubs in the E.P.L.
So let us see the debt of four big clubs.
1) Real Madrid has a debt of 590, five hundred and ninety million Euros.
2) Barcelona has a smaller debt , they have a debt of 578. Five hundred and seventy eight million Euros.
3) Manchester United have a debt of 824 , eight hundred and twenty four million Euros.
4) Arsenal445, four hundred and forty five million Euros.
These clubs pay the interest with money got from Sponsor deals as well.
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