Football Finances

For eight years they reigned supreme until they were toppled four years ago by one of their rivals and have failed in the last four years to wrestle back top spot from them. Who am I talking about and what am I talking about? A clue; for the first five years of the European Cup, since renamed the European Champions League, one of these two won it for the first five years. Now there’s a similarity?

The answer, Real Madrid have retained top spot for the fourth year running, Manchester United coming second again, as the richest football club as disclosed in the “league table” recently published.

The clue above refers to Real Madrid winning the competition for the first five years. Chelsea, Arsenal and Liverpool are fifth, sixth and seventh respectively. Possibly if these last three had used Morley and Scott’s bookkeeping and management accounts services their reporting systems would have been far more efficient to enable them to be higher up the table!

source: BBC news