One of the biggest stories in football this year was the announcement of the astronomical TV rights deal signed between sports TV giants Sky Sports & BT Sport and the Premier League, a deal worth 5.14 billion pounds to be exact. This makes an already wealthy league even more filthy rich. And this is only from TV. Adidas famously signed a massive deal with Manchester United to supply kits and equipment, paying the club 75 million pounds per year over 10 years. The result: 8 of the 20 richest football clubs in the world are English. In comparison, 4 are Italian, 3 Spanish, 3 German, and 1 French. All 20 clubs in the BPL are in the top 40. Newcastle and West Ham, in 18th and 19th respectively, are not participants in European competitions, which are the major source of revenue for the 12 non-English clubs in the top 20…
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Today Chronicles 