PSV books a profit of nearly €30m
Eindhoven premier league football club PSV booked a net profit of €29.3m in the 2007-2008 season. Turnover in the same period was €97m, the club reports on its website.
The positive result is largely due to the sale of the club’s car park, says PSV. However cash flow remained limited at €2.8m because of big investments in players and paying off debts, the club says.
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