Is English Football Facing a Financial Crisis, or are We Only Missing Better Regulation?

Abstract

Experts have increasingly been proclaiming that it is only a matter of time when the Premier League will face a severe financial crisis. Large contracts, higher transfer fees and continuous decrease in profits are some of the facts that are undermining the financial success of English Football clubs. Such premises place the economics of football above the socio-cultural aspects of die-hard supporter. This will result in increased TV interest and revenue will rise in coming years. Income trajectories show football profits are deteriorating from season to season despite club revenue increases.

Keywords: Football, English Premier League, Financial Crisis, Glasgow Rangers FC, Portsmouth FC