The ’State of the Game’ report shows how financially screwed some clubs are - here are eight of the most alarming findings
English football clubs face severe financial instability, according to a draft 'State of the Game' report released by the Independent Football Regulator. The report found that 94% of the 116 clubs across the top five divisions recorded a financial loss last season. Furthermore, more than 60% of EFL and National League clubs are technically insolvent, relying heavily on continuous owner funding to stay afloat.
The findings reveal that total debt across the top five tiers has reached £4.1 billion, with Premier League teams accounting for 75% of the total. In addition, 29% of clubs would be unable to survive longer than 30 days if their owners abruptly stopped funding.
Get the latest sports news and top stories from MySportsTab delivered straight to your inbox.
No spam. Just the latest sports news and updates.
