GUARDIAN – Liverpool announce first profit in seven years thanks to Premier League TV deal

• Profit before tax for 2013-14 of £900,000• Net debt grew from £12.2m to £57.3m• Coutinho mirrors Liverpool’s difficult startLiverpool have announced a first profit in seven years thanks mainly to the Premier League broadcasting deal that increased revenue to £255.6m in the year ending 31 May 2014.The club’s profit before tax was a modest £900,000 but, compared to a loss of £49.8m in 2013, the sum underlines the financial recovery that owners Fenway Sports Group have implemented since taking over from Tom Hicks and George Gillett in 2010. The figures also demonstrate why Liverpool were last week cleared of any financial fair play breaches by Uefa, who had studied the club’s books following the 2012-13 losses plus a £40.5m loss in the 10-month period before then. Continue reading…

GUARDIAN – Premier League clubs paid out over £115m in agents fees in past year

• Chelsea alone spend £16,771,328 on agents• Burnley pay out the least with £711,024Premier League clubs paid 115m to agents over a 12-month period that includes the two most recent transfer windows. The figure represents a leap from the 96m spent the previous year.Chelsea gave the most to agents (16,771,328), followed by Liverpool (14,308,444) and Manchester City (12,811,946). Tottenham were the only other club to break the eight-figure barrier, paying out 10,983,011, while Arsenal’s figure was 4,293,407. Continue reading…

GUARDIAN – Said & Done: West Hams roof; 97 breakfasts; and Deportivo Morón

Also featuring: Helicopters and yachts, Brendan Rodgers, and what happens when you insult Tomás Boy1) Russia 2018s head Alexey Sorokin floating a new tough line on racism: While there are individual outbreaks of these undesired tendencies, it cannot be regarded as a trend in our country. 2) Russias sports minister Vitaly Mutko: Why should we be singled out? A lot of dark-skinned players play in Russia. I dont really see any problems. Continue reading…