The FA Posts Drop In Profits

The FA revealed a £34m drop in income between 2012-13 but still managed to post an operating profit of £28m and was able to increase the amount it invested into the sport by £11m.

The governing body said the reason for the drop was due to a collapsed deal with Setanta in 2009 as well as a loss in revenue due to the England men’s national team not involved in any major tournament during the period.

The FA said a statement: ‘This reduction is partly offset by the additional international broadcasting revenues generated by the rights granted to nine broadcasters over the six-year period to July 2018. All of the Group’s broadcasting rights are sold to July 2018 and domestic broadcasting revenues will increase from the 2014-15 season.’