10th July 2017

We’re So Rich It’s Unbelievable! – The Illusion Of Wealth Within Football. 2nd Edition


Click here to view information about the latest (3rd) edition of ‘We’re So Rich It’s Unbelievable! which includes 2016-17 accounts data.






In this 42-page report, we have examined in detail the statement of accounts and balance sheets from clubs that have been participants in the English Premier League from the 2008-9 season up to and including the 2015-16 season. With data from over 260 individual balance sheets, we have been able to calculate the economic performance for each club where all taxes and charges including the cost of capital have been considered. The report also introduces the Football Profitability Index (FPI) which illustrates the efficiency of each participant club in turning revenue into economic profit on a like-for-like basis.

Contents include:

A detailed explanation of the methodology used to calculate economic profit and the FPI

A review of the revenue performance of the Premier League division and individual clubs therein

How the Premier League division has performed in terms of generating economic profits since 2008-9

An illustration of the key economic trends within the division

An introduction to the FPI and the overall efficiency of the division year-on-year in achieving economic profits/losses

A detailed comparison between FPI performance and Premier League standings at club level for the 2015-16 season

FPI performance profiles for Premier League title-winning clubs – what does it cost to win?

Relegation – the potential link with poor FPI performance

The two-tier league – an explanation of the differing financial dynamics at work as illustrated by FPI data and trends


Appendix – includes every FPI table from 2008-9 to 2015-16

Click here to buy the report