SSN is a digest of the day's soccer/football/futbol articles with a focus on the top European leagues and the United States National Team. Below, you’ll find links to articles and video, as well as additional features and commentary. We locate the top news of the day so you can stay updated with ease.
Wednesday, January 12, 2011
What Manchester United spends its money on - The Definitive Guide
This is the second in a series looking in detail at Manchester United's finance. In December I wrote about the various sources of revenue the club has. This post looks at operating costs. Revenue minus operating costs equals the famous "EBITDA" (earnings before interest, tax depreciation and amortisation). I will write separately about the costs that come below EBITDA, namely those relating to player transfers and of course interest and related charges.
Compared to the complexity of revenues, the costs involved in running a football club are pretty straightforward.
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