Championship 'bubble waiting to burst' with clubs posting record losses in Premier League 'gamble' - News Summed Up

Championship 'bubble waiting to burst' with clubs posting record losses in Premier League 'gamble'


Media playback is not supported on this device Football fans express their fears over record club losses in the EFL Championship. The Championship is a "bubble waiting to burst" because clubs are posting record losses in a "gamble" to reach the Premier League. New P&S rules introduced by the EFL from the 2016-17 season allow the majority of clubs £39m in losses over three seasons. If a team has recently been relegated from the Premier League, its limits will be larger - and there are other caveats that allow some clubs to spend beyond the £39m limit. The three clubs - Wolves, Fulham and Cardiff - to post the highest pre-tax losses all did gain promotion to the Premier League that year.


Source: BBC December 12, 2019 00:00 UTC



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