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Journalism of Courage
Englands leading football clubs pull in far more money than their counterparts elsewhere in Europe. According to an annual review by Deloitte,a firm of consultants,the revenues of Premier League clubs amounted to euro2.4 billion ($3.8 billion) in the 2007-08 season. Their lead probably narrowed in 2008-09,because the pound was weaker,but remains vast. The rapid growth of the five leading leagues revenues has been fuelled largely by television feeswhich account for a much smaller share of the revenue in other leagues. Crowds are biggest not in England but in the German Bundesliga: 42,600 per game last season,about 3,000 more than in 2007-08 and 7,000 more than in the Premier League.
The Economist Newspaper Limited 2009
