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Nope, three years ago only 8 out of the 20 PL clubs made a profit, two years ago it was up to 12 clubs, last season's results are not fully published yet, but from Deloitte's comments I would expect a few more to be in the black.

The collective profit last season for the PL is (according to my chums at Deloitte) about £180 million. This is before the new TV deal kicks in. TV money and commercial deals have meant that PL football is now very attractive to owners. The Glazers, who are completely odious in so many...