For €10 in revenue, over 25% of European clubs spent €12 in 2012
Costs for the 728 clubs of European top divisions reached €15.2bn in 2011-12 (or 2012 for championships based on the calendar year), according to the Sixth European Club Licensing Benchmarking Report, published by UEFA (Union of European Football Associations) on 17/04/2014.
European clubs' total operating costs (player and employee costs, plus...
