Join Date: Nov 2001
Location: Preston, England
The hugh amount of big money moves that happens every summer in Italy and Spain has mainly stopped, but there will always be a few big transfers (with Beckham moving for 20ish million, and Ronaldinho and Duff for around 17 million pounds).
But most of the Italian clubs have no money, ditto most of the clubs in Spain, Germany and France.
In fact, out of the Big 5 (England, Spain, Italy, France and Germany), the league with the most clubs in the black in the English Premiership.
"Reportedly" the only clubs in Spain and Germany with-out debt are Real Madrid, Bayern Munich and Borussia Dortmund.
Valencia, Deportivo, Betis, Espanyol and another 10 un-named Spanish Premier League have masses of debt.
In 2001, Las Palmas had around 40million pounds worth of debt - TWICE their annual turnover. Las Palmas isn't the worst off.
The ONLY Italian 'Serie A' club in the 2001/2002 season that made a profit was little Chievo. Juve, Lazio, Roma, Fiorentina (R.I.P) and the Milan clubs had massive losses (with Juve spending 117% of their budget on wages), but the club who got the least TV money was the only one to make a profit.
Now that's irony.
But things in Italy seem to be on the up, with Fiorentina's demise opening people's eyes.
The Dutch league may be making alot of transfers, but they are between themselves, so the money stays in Holland, and the fees are nothing compared with 12 months ago.
The Dutch leagues 2nd highest scorer last season (Van Hooijdonk) went to Fenerbache for around a million pounds, and the price-tag around Kezman's neck is about 3.5 million quid.