Tottenham has taken over from Swansea City as the Premier League's profitability champions, according to David Owen of INSIDE WORLD FOOTBALL. With the "vast majority of financial information" for the '13-14 season now available, Tottenham is "well clear" of ManU in second place. Southampton is in third. By contrast, "bringing up the rear" is '13-14 champions Man City. The "real financial story of the Premier League" in '13-14 is the "remarkably rapid -- and widespread -- financial turnaround." Only four of the 19 clubs in the table were in the red, down from 11 the previous season. Only three clubs -- Arsenal, Sunderland and Swansea City -- did not report better figures in '13-14 than the previous season. For the majority of clubs, the improvement was "down to two other factors: the much-improved flow of broadcasting income" and the impact of UEFA's Financial Fair Play (FFP) initiative, which "appears to have been instrumental in preventing the extra TV money from flowing quickly back out of the door, as has tended to happen in the past" (INSIDE WORLD FOOTBALL, 4/10).
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| Source: INSIDE WORLD FOOTBALL |
