Football clubs expected to book loss

The 18 clubs that played in last season’s premier league are expected to book a combined loss of €34m according to the latest figures from the national football association KNVB, reports Friday’s Financieele Dagblad.

This would be the biggest loss since the 2003-2004 season when the clubs’ combined loss was €43m, the paper says.
The latest forecast is noteworthy because in the preceding season (2007-2008), the clubs booked a record profit of €64m. According to KNVB’s Ron Francis, this was because of a number of major transfers of players abroad.
Francis tells the paper that last season’s poor financial performance is the result of a stagnating transfer market.
The KNVB expects a 1.4% decrease in turnover for the 2008-2009 season to €416m following a record result in the preceding season of €421m, reports the FD.
Despite the expected downturn in revenues and the economic crisis, the clubs’ budgets for the coming season remain more or less intact, according to the paper.

Thank you for donating to

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation