New record deficit for European football .

  According to the annual benchmarking UEFA European clubs have accumulated 1.7 billion loss for 2011, against 1.64 billion euros in 2010 and 1.2 billion in 2009.


Work for compliance with European clubs the rules of fair play in UEFA financial measure is to require clubs participating in European Cups to balance income and expenditure in 2014 - remains enormous. In the preface to the fifth edition of the benchmarking report on the procedure for granting licenses to clubs, covering the financial results of 679 first division clubs spread across the 53 member associations of UEFA president Michel Platini gives a uncompromising statement: "Many football clubs, including some of the most prestigious, have encountered serious financial difficulties, which have led to a further increase in overall losses of first division clubs."
 
55% of clubs reported net losses:

And 63% of European clubs first division reported operating losses and net losses of 55%. This increase in net loss was, as the previous season, was reinforced by the slowdown in remittances. In 2011, European clubs have dug their deficits to 1.7 billion euros, half of which is attributable to only ten clubs. A new record after those established in 2010 (€ 1.64 billion) and 2009 (€ 1.2 billion). This deterioration of finances of European clubs is spectacular. Their cumulative losses amounted to only 600 million in 2007.
The UEFA Study also highlights that despite the growth of their overall revenue, which amounted to € 13.2 billion in 2011 (+3% compared to 2010), European clubs have invested a small share their resources in long-term investment. The value of fixed assets (stadium, training ground, training center and other equipment) of the 237 registered clubs in UEFA competitions this season amounted to € 4.8 billion. A sum less than the spending on player salaries and related costs in 2011 (€ 6.9 billion).

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46 clubs must improve their balance sheets :

Control of the payroll remains the biggest challenge for European clubs. Salaries and related costs have indeed increased by 38% between 2007 and 2011, absorbing and totally revenue growth during the same period (24%). Personnel costs and transfer fees combined net now stands at 71% of revenues European clubs.

The simulation of the financial fair play for the last three seasons (2009, 2010 and 2011) indicates that 46 clubs (probably including Paris St Germain, Chelsea and Manchester City) from 22 countries have been improving their balance sheet if the requirement for financial stability was already in force. 14 registered clubs in European competitions showed a deficit of more than € 45 million. Which places them outside of the highlights of financial fair play. 32 other clubs have a deficit of between 5 and € 45 million, which would require capital investment or recapitalization to pass the cut. The percentage of clubs reporting negative net equity increased from 36 to 38% in 2011. A European club on September even saw its auditors expressed doubts about the continued operation.

We have included a lot of work remains to be done. But the first effects of financial fair play begin to be felt. Between June 2011 and June 2012, improvements were recorded with the 47% reduction in arrears on transfers, salaries, social charges and tax. Already in force, the section on arrears of financial fair play has already led to the exclusion of Malaga for European competitions next season. The pedagogy of punishment seems good.