China: ¥544m of losses in 2016 for the Chinese Super League, according to a study by PwC
The 16 clubs of the Chinese Super League (CSL) recorded roughly "¥4bn (€544m) in losses for the 2016 season, with a total revenue of ¥7.082bn (€952m) and a total expenditure of ¥11.014bn (€1.5bn), according to a report by PwC, the official financial advisor to Chinese Football Association," said Yutang Sports (sports marketing platform in...
