Owners: Venky's Limited
Blackburn Rovers have exceptionally wealthy owners but that doesn't equate to profit. A loss of £2 million last year means that they are far from the worst offenders and the sale of Phil Jones to Manchester United and the lack of major signings of note give them a net summer spend of -£10 million, which will help their cause.
However, there has been huge upheaval at Ewood Park over the past 12 months and there are question marks over whether the club can compete as well commercially as they have in the past. The recent tie-up with the Prince's Trust as the main sponsor of the first team kit not only suggests that they can't attract a major sponsor, but will also be a big blow to any hopes of producing a profit.
Profit likelihood: 7/10
Its a shame that football clubs can't fill their gounds.
The premiership may be the best league in the world but it looks bad on tv when no ones in the grounds.
Anyone who believes that thetaxman gets half of the money paid to foreign footballers (and some home growns too) is deluded. They are using offshore companies as tax shields and paying very litlle if anything back to the UK. It needs sorting and quickly. Tevez has barely paid a penny in six years in the UK.
Beyond that they are overpaid anyway. All Premiership footballers should be on a base wage of not more than £2k per week which is enough for anyone. Then they can ber paid appearance money for playing for the first team, say £25k. Players on the bench are then paid proportionate to time on the field. That'll sort them out and stop clubs hoovering up all available talent.
Time to get this all sorted.
I get annoyed when people say the premiership footballers get paid too much... they are at the pinicle of a massive sport, and just like any other business that tries to maintain tallent within its ranks, thay have to pay thier employees enough so that another employer does not snap them up.
All players are actually getting the market rate for their services... well, except for Torres.
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- Accidentally giving wrong information on a credit application
- Forgetting to make a repayment on time
- Making multiple credit applications in a short space of time
- Not checking your credit report before applying for new credit
- Not staying within your agreed credit limits
- Taking on too much credit that you’ve then found hard to manage
- Forgetting to sever financial links with a previous partner
- Not having enough of a credit record