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England faces 'financial catastrophe', warns regulator

According to several German media outlets, the Independent Football Regulator (IFR) has published an alarming report on the financial situation of English football.

DailyFootball

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The Independent Football Regulator (IFR) would have published an alarming report on the finances of English football, according to several German media outlets. According to Transfermarkt, the report states "alarming figures despite record revenues" and comes amid the financial scandal surrounding Manchester City.

The kicker and t-online cite the authority, which speaks of a "financial catastrophe". n-tv goes further, stating that many clubs would be "technically insolvent". The sources agree on the observation of an imminent financial disaster.

Sources

  1. kickerBehörde warnt: "Finanzielle Katastrophe" im englischen Fußball (new window)kicker.de
  2. TransfermarktAlarmierende Zahlen trotz Rekordeinnahmen: Englands Fußball steht vor finanziellem Desaster (new window)transfermarkt.de
  3. t-onlineBehörde: Englands Fußball steht vor finanziellem Desaster (new window)t-online.de
  4. t-onlineFußball in England: Behörde schlägt Alarm wegen "finanzieller Katastrophe" (new window)t-online.de
  5. n-tvKatastrophale Finanzen: Viele "technisch insolvent": Englands Fußballbehörde schlägt Alarm (new window)n-tv.de