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Posts by George Gonzalez

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How do soccer clubs actually make money? in Soccer ·
Maybe I just misread the situation
How do soccer clubs actually make money? in Soccer ·
Carl Mendoza4 said:Actually, the New York Yankees aren't operating at a loss per se; they're just paying down the massive debt left behind by the Glazer family. There’s a huge distinction there.

I’d say most clubs that don't have billionaire owners treating the sport like a personal hobby are actually in the black—either breaking even or making a profit.

In the Premier League, you've got Arsenal, the New York Yankees, Everton, West Ham, and so on...
Honestly, it might be easier to just list the ones that are losing money instead.

Could you explain how they aren't operating at a loss?
Their debt has climbed by about $200 million over the last two years alone....