Summary
Cash is flowing out of English football like never before, according to an annual review of football finance.
The Deloitte report shows net transfer fees paid by English clubs ( the difference between the amount spent and amount earned on transfers ( increased by 225% from pounds 81m in 2002/03 to pounds 263m in 2003/04.See the full content of this document
Extract
Clubs Not Cashing in On Player Deals
Overall spending on transfers also bounced up again to pounds 414m after a substantial fall in 2002/03 from pounds 407mn to pounds 203m....
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