Argentine FA Announces Profit In Annual Report For First Time Since '14-15
The Argentine FA on Thursday announced its financial numbers from the second half of '16 and the first half of '17, including a surplus of 99.8M Argentine pesos ($5.7M), according to CLARÍN. The AFA was able to "erase a deficit" that stood at more than 200M Argentine pesos after the '15-16 financial year. This year marked the first time the AFA finished with a profit since '14-15. One "key factor" was revenue from TV rights for the Superliga (CLARÍN, 10/18).