The latest Prompt Payment Premier League, compiled by Creditsafe, used the average time clubs took to pay suppliers throughout the season to demonstrate which clubs are failing the small businesses in their supply chains.
Creditsafe has compiled a Premier League of its own, analysing football clubs purely on financial factors and it spells bad news for champion defender Chelsea.
Chelsea may have won the Premier League for 2017, but it’s Manchester United that comes out on top for its mass of unpaid invoices.
Despite teams in the Premier League posting total revenues of £3.6bn, pre-tax losses of £110m were recorded by accountancy firm Deloitte in new research.
In November 2015, EY found that as football continues to grow, so does its economic impact the Premier League generated over ?6.2bn in economic output that contributed £3.4bn to national GDP in 2013/14?. But its clubs are losing out when it comes to broadband football scores.
Everton FC has joined Chelsea FC to become the latest Premier League Football club signed up to the Live Wage Foundation paying all staff the rate.
90min, a London-based football media platform, has scored a $15m Series D round to tackle New York and Germany. The round takes the company’s total investment to $39m following its 2011 launch.
The Premier League dominated the top ten of football’s most valuable brands and despite a couple of sub-par seasons, Manchester United has maintained its commercial success to reclaim the number one position.
