Top Flight Club Debts!

[vim_fuego]

This link takes you to a summary of debts for the Premier Clubs as of May 2008...Obviously things may well have changed since then but for some of them the levels of debt are staggering...With a recession occurring at the moment it makes you wonder if some of them will survive as there are only so many Arab and Russian oil magnates out there to rescue clubs:

http://www.tiscali.co.uk/sport/galleries/view/sport/footballdebts/browse/500093

 

[Hammer and stillson]

What they fail to mention is that a lot of the debts are secured against future income from TV rights and season ticket sales. It's not too bad for the bigger clubs which are just global franchises but the midtable to lower ones just don't have this global influence.