๐จ ๐๐ฅ๐๐๐๐๐ก๐: ENGLISH FOOTBALL IS FACING A MAJOR FINANCIAL CRISIS! ๐
An ALARMING report from England's Independent Football Regulator (IFR) reveals:
โข 94% of clubs across England's top five divisions are LOSING MONEY: 109 out of 116 clubs!
โข Total debt is projected to reach โฌ6 BILLION next season!
โข 73 clubs could NOT survive more than 90 DAYS without financial support from their owners!
โข Almost TWO-THIRDS of lower-league clubs and 20% of Premier League clubs are technically INSOLVENT!
โ @lequipe