Off the wire: Manchester United raised 504 million pounds ($813 million) through a bond issue meant to help pay off some of the club’s large debt.
A UEFA survey of 629 clubs across Europe’s 53 soccer nations showed that the clubs’ revenues rose by 10 percent last season, but spending on transfers and salaries went up 18 percent.
Clearly, owner concern over runaway labor costs is understandable. Not trying to say that without a repeat of the current contract, we'll be paying ManU salaries by March. Just passing on some interesting facts.
Hopefully, players and owners will see the value of a collaborative partnership to expand the league and share the benefits. Hopefully.
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