Kieran Maguire of the PriceofFootball has published some fascinating data on cumulative profits and losses by Premier League clubs since the competition's formation. 21 clubs have losses of more than £10m and 16 have profits of more than £10m.
Taking £100m as a cut off point, there are eight clubs with bigger cumulative losses. One of them is now in League Two, one is League One and one in the Championship. Only two clubs come from the 'Big Six'. In other words, there isn't much of a relationship between losing money and success.
The loss makers are:
- Chelsea £797m
- Manchester City £638m
- Aston Villa £335m
- Everton £326m
- Sunderland £211m
- Fulham £186m
- Middlesbrough £148m
- Bolton Wanderers £107m
- Tottenham Hotspur £482m
- Arsenal £487m
- Manchester United £247m
- Liverpool £138m
- Burnley £127m
- Leicester City £100m
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