England overtaken by its excesses. With a turnover 2008-2009 exceeding 2 billion euros, the Premier League economically dominated European football. By far the most publicized in the world, the English football championship has attracted many foreign, Russian investors North American or Middle Easterners. Las, the financial crisis has not spared the billionaires, and massive debts of clubs (13 billion pounds) is a problem. Manchester United will raise 500 million pounds to refinance debt increased to 716 million. "MU" intends to sell its training centre. The indebtedness of Liverpool, who was given to build a new stadium, is EUR 370 million. Chelsea displays losses 49 million, Portsmouth is more paying its players, and Manchester City, bought by the ruling family of Abu Dhabi, displays a higher deficit to... EUR 100 million.
In Spain, fissures behind the showcase. With Real Madrid (420 million) and FC Barcelona (405 million), which facilitated transfers market last summer by investing respectively 255 and EUR 112 million, the Spanish football occupies the first two steps of European football in turnover. But, behind the table is less bright. The real-estate crisis hit head-on its investors, to much from the construction and real estate. Florentino Perez, President of the Group of MGB ACS and Real Madrid, is one of the last of the Mohicans. After years of excess, 20 first division clubs have a debt of 3.4 billion, of which 1.7 billion in the short term. And if the Real (683 million) and Barcelona (490 million) hope to honour their commitments, CF Valencia lives under infusion, dragging a debt of EUR 500 million. A decade of professional clubs are located in cessation of payments.

In Germany, the stages fill caisses. The German League, German Bundesliga clubs, display a comfortable balance sheet. With recipes for season 2007-2008 of EUR 1.4 billion, and a EUR 136 million operating profit. The most among them, the Bayern of Munich, captures him only 295 million euros of revenue. Some 69,000 spectators gather in the Allianz Arena at each confrontation, which draws to top the average of the Championship, at 42.600 spectators per game. 18 German elite clubs and make investments for the 2006 World Cup. The money went in infrastructure, less in the purchase of star players. Addition of the "50 1" rule, imposed by the Federation, which prevents external investors to take the majority of a club and played against a more risky management. The President of the club of Hanover 96 however wants to blow this lock.
The Italy holds its breath for Euro 2016. Great Alpine clubs expect many of the candidature of the Italy euro 2016, for which seven projects for new stadiums are being studied. This is the case of AS Roma. Ecrasé by more than 400 million euros of debt, the club controlled by Italpetroli and its shareholder UniCredit plunged into the red on fiscal 2008-2009, with 1.6 million euros of loss. Lazio has saved the furniture with 1.3 million of profits (17 million of debts). The Juventus of Turin controlled by the Agnelli, it struggles to stem the black series of defeats, but she reached 6.6 million profit last year and had, on 30 June, 25 million euros of cash cash.