are burnley fc in debt?
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Burnley are, and have been an essentially debt-free club for years. Burnley are a model club for how to sustainably run a football club, being patient to reach their goals and not ever overstretching themselves.
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UEFA's Club Financial Control Body (CFCB) found Man City to be in breach of Financial Fair Play (FFP) regulations and slapped the club with a two-year ban from UEFA competition, along with a €30 million (£25m/$33m) fine.
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La Liga has the better teams, the better players and the better football. The Premier League has more flawed teams, leading to football that is arguably more entertaining, and more money, leading to it becoming a monument to excess and greed. It's probably a better business but not a better football league.
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Debt Analysis Blackburn also spent £0.4m on infrastructure, the same level as last year. Blackburn should aim to increase this to better invest in their long-term future. Debt levels rose from £106.7m to £120.4m (13%) after new loans of £13.8m from their owners, while their overdraft fell by £0.1m to £1.7m.
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Huddersfield Town must repay £35m to former owner Dean Hoyle However, the 52-year-old sold his stake in the club to a fellow local businessman Phil Hodgkinson in May 2019 after recovering from a serious pancreatic condition. Huddersfield have struggled badly since their relegation last season.
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The majority of clubs are in debt but, for most of these, it doesn't matter because they could be in a position to pay it off, if they wanted or needed to. For others, though, it endangers their future as a club.
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In a filing to US Securities and Exchange Commission, United said they do not anticipate another year outside of the Champions League and the financial costs that would incur. ... United failed to qualify for this season's Champions League after a sixth-place league finish last year.
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['Premier League.', 'Aston Villa.', 'Newcastle United.', 'Wolverhampton Wanderers.', 'Southampton.', 'Burnley.', 'West Ham United.', 'Sheffield United.']
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Bolton Wanderers FC has been sold to Football Ventures (Whites) Limited. The club's money troubles meant it could have faced the same fate as Bury FC - who were recently expelled from the English Football League. But it was announced on social media, that the sale of the club had been completed.
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England players are also given a salary by the English Football Association (FA) for playing in international tournaments, although this is significantly less than a Premier League age. Usually, England players receive around £1,500 for a winning match/qualifier/friendly, £1,000 for a draw and £500 for a defeat.
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Clubs can pay a player's IRC as part of their wages and they would be liable for 19% corporation tax rather than 45% as an employee. That represents a saving to the player of £26,000 on every £100,000.
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['Atlanta United, $500 million.', 'LA Galaxy, $480 million.', 'LAFC, $475 million.', 'Seattle Sounders, $405 million.', 'Toronto FC, $395 million.']
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The Premier League returns to Amazon Prime Video for free with four exclusive games. The Premier League is back – and so is Amazon Prime Video's football coverage. ... This means you can view three Premier League fixtures for no cost (the service also aired another free game, Crystal Palace v Burnley, at the end of June).
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Group match victory: €2,700,000. Group match draw: €900,000. Round of 16: €9,500,000. Quarter-finals: €10,500,000.
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As of 2019 the salary cap is $9.6 million for the top thirty players at each club. The minimum wage for each of those players for 2019 is $105,000.
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Players are being paid increasingly high wages because the clubs are making more money than ever. As a result of globalisation and technological advances such as the pay TV market, football has become more popular and so more profitable. ... The demand for players would drop and so would their wages.
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Borrowing in the latest full financial year (April 2019 to March 2020) is estimated to have been £62.7 billion, £22.5 billion more than in the previous financial year; these are not final figures and will be revised over the coming months as we replace our initial estimates with provisional and then final outturn data, ...