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Home » sports » DEBTORS! Top 7 European football clubs with BIGGEST DEBT (Number 1 is a surprise)
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7 months ago
Posted By Thomas Goodday | Under sports

Top European football clubs with BIGGEST DEBT
UEFA new financial rules have not slowed down big spenders in Europe. The likes of Manchester City and PSG continue to spend big in the transfer of players. The regulations are now affecting clubs in transition like AC Milan. The problem of debt was the main reason the federation wanted to control how clubs splash the cash.

However, looking at the numbers in their recent report more still needs to be done. Take a look at seven clubs with the biggest debt in Europe today.

7. Roma- €255 Million Debt
Serie A giants AS Roma have been trying without success to get back to the top of European football to try and boost their finances. Last season they reached the semi-finals after knocking out Barcelona in the semi-finals. The biggest problem for them at the moment is keeping top players in the club.

Mohamed Salah and Alisson Becker have left to join Liverpool in the last two seasons. The debt issue is the other problem facing the Capital club. They owe the banks €255m today.

6. Atletico Madrid- €271 Million Debt
UEFA Europa League 2018 Champions Atletico Madrid have also increased their debt significantly. Diego Simeone has done a lot with little resources in the last couple of years. He has consistently qualified for UEFA Champions League in the last six years.

He has also lost two finals to City rivals Real Madrid. The Coach and his players can’t be blamed for €271 million debt piling up in the banks. However, it is perfectly understandable given they recently moved to their new stadium called Wanda Metropolitano.

5. Liverpool- €272 Million Debt
Liverpool has splashed the cash this summer to sign big stars. The latest is goalkeeper Alisson Beaker who arrived from AS Roma for a record fee. They also signed Shaqiri, Keita, and Fabinho to prepare for a make or break 2018/19 season.

The huge investment has left a massive hole in the bank accounts. The Reds now has a debt problem which stands at €272 million.

Jurgen Klopp will not care about that as far as success is delivered come next summer.

4. Juventus- €283 Million Debt
Italian Champions Juventus has won the last seven Serie A titles consecutively. This is set to continue next season because Cristiano Ronaldo has arrived from Real Madrid.

However, the Old Lady is getting deeper into debt. In 2017, they were ranked 9th in Europe with a debt worth €209m. In 2018 UEFA report, they are now fourth with a worse number which stands at €283m. The Italian giant might need to sell some players to pay off some of it this summer.

3. Inter Milan- €303 Million Debt
Inter Milan won a treble in 2010 under Jose Mourinho but now it seems like a very long time ago because they are currently in transition.

The good news for the San Siro giant is that they are back in UEFA Champions League next season. However, their top priority is to continue reducing the debt burden. In 2017, it stood at €306m but today UEFA says it stands at €303 Million.

2. Benfica- €309 Million Debt
Portuguese giants Benfica are in deep trouble financially. In the last couple of years, they have sold several players for big fees. For Instance, last summer they sold Ederson and Victor Lindelöf to Manchester City and Manchester City respectively.

However, their debt is still not going down fast enough. In 2016, their negative numbers stood at €336m but today it stands at €309 Million. It is clear they are trying to reduce the burden but it is still very big.

1.Manchester United- €561 Million Debt
Manchester United is by far the richest Club in the World when it comes to revenue collection. The club does not win titles every year like Real Madrid neither do they feature every year in the Champions League.

Forbes latest report shows the Premier League giant is still ahead of Los Blancos and Barcelona in both value and asset.

However, they are now getting in deep waters especially when it comes to their debt. According to UEFA report released earlier this year, the Red Devils debt stands at €561m.

The Club owners since 2005, Glazers Family are largely blamed for pushing their debt to the club when they bought the club. According to financial analysts, the club is in sound financial health for now despite the negative numbers.

Therefore, Ed Woodward will continue to splash money in the transfer market.

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