Hmm
I wonder how many football clubs are really profitable as a business. I can't believe they can really support the total costs of the club, particularly with such salaries. I can only assume they are loss leaders for some other revenue-generating activities, or serve as handy fiscal mechanisms for reducing overall tax liability somewhere else.
( , Tue 7 Jun 2011, 14:38, Reply)
I wonder how many football clubs are really profitable as a business. I can't believe they can really support the total costs of the club, particularly with such salaries. I can only assume they are loss leaders for some other revenue-generating activities, or serve as handy fiscal mechanisms for reducing overall tax liability somewhere else.
( , Tue 7 Jun 2011, 14:38, Reply)