
A new international broadcasting deal for the FA Cup helped the Football Association to a record reinvestment. The Football Association has announced an after-tax profit of £16 million and has invested a record £127m back into the game, according to financial results for the year ending July 31, 2017. Turnover was down to £351m from £370m a year before -- mainly due to the lack of a major senior tournament -- while the net debt fell from £174m to £150m. "This is another set of strong financial figures for The FA, which has allowed us to invest a record-breaking £127m back...
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from ESPN FC News http://ift.tt/2IEaKzA
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