CL semi-final financial contrasts

From his Zurich fastness, the authoritative Swiss Ramble notes: 'Last week's Champions League semi-final between Manchester City and Real Madrid was very exciting with only one goal separating them. This is not surprising from a financial perspective, as they are very close in terms of revenue, wages and squad cost. Revenue is just £4m apart, although City’s squad cost is higher. '

'In stark contrast Liverpool are much more powerful financially than Villarreal, as the Reds have 4-5 times as much revenue, wages and squad cost as their Spanish rivals.'

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The Political Economy of Football V2

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