Super League clubs only £68.5 million in debt : a BBC investigation finds : Mon Jan 28, 2013 12:05 pm  

Super League clubs are facing combined debts of £68.5m, a BBC Inside Out investigation alleges. Compared to the combined debt in Football of £2.4 BILLION, and with annual losses of £130m in the Football championships, £68.5 million is a drop in the ocean. READ MORE ON THIS STORY....

Super League clubs are facing combined debts of £68.5m, a BBC Inside Out investigation alleges. Compared to the combined debt in Football of £2.4 BILLION, and with annual losses of £130m in the Football championships, £68.5 million is a drop in the ocean. READ MORE ON THIS STORY....

Re: Super League clubs only £68.5 million in debt : Mon Jan 28, 2013 3:07 pm  

I've already posted in the Wire forum as to why I think this is shoddy journalism.

However, I have a burning question that I hope someone can answer: two clubs apparently have significant debts, that mean that the others (nine clubs) have an average of £3m debt each. So nine clubs have £27m between them, meaning the other two have £41m?!?! Who are these clubs, are how are they structured to allow them to carry so much debt without folding??