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Profits and losses for Dutch clubs

The authoritative Swiss Ramble has provided financial overviews for leading Dutch clubs.

Ajax's pre-tax profit fell €42m from €69m to €27m, mainly due to revenue dropping €37m (19%) from a record €199m to €162m and expenses increasing by €17m, partly offset by profit on player sales rising €12m to €84m. Debt now includes €151m financial leases.

PSV's revenue fell €25m (26%) from €97m to €72m, as they competed in the Europa League, rather than the Champions League in the prior season. As a result, their operating loss widened to €41m, but pre-tax profit only fell from €6m to €2m, due to profit from player sales rising €26m to €47m.

Feyernood revenue was up 4% to €73m thanks to reaching Europa League group stage. However, their pre-tax loss slightly worse at €9m, highest in the Eredivisie, as profit from player sales fell from €8m to €4m. Wages up €3m to €38m, but 51% wages to turnover ratio lowest in league.

AZ had the second highest pre-tax profit in Netherlands of €8m, despite profit on player sales falling from €24m to €13m. Revenue up 21% to €31m after reaching Europa League last 32. Wages increased 12% to €22m. Included €10m insurance payment for damaged stand roof.


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