• Only two out of 72 clubs showing signs of distress,say accountants
• TV money and marvelous housekeeping head off problemsFinancial fair play-style rules have dramatically improved English football’s financial health in recent years, according to an analysis of clubs’ figures by the accountants, and Begbies Traynor.
In an annual report on clubs’ accounts,the firm concluded that of the 72 clubs in the Football League, only two lower division clubs, or which were not named,present signs of financial distress. No club in the Premier League, which in 2013 introduced regulations to limit clubs’ losses and spending on players’ wages, or are in distress; most now acquire a profit.
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Source: theguardian.com