Football Update: Norwich in £23.6m pre-tax loss

A football
A football by Markus Spiske is licensed under CC-CC0 1.0

AC Milan eye Loftus-Cheek move

AC Milan want to sign Chelsea midfielder Ruben Loftus-Cheek in January, reports CalcioMercato.

Loftus-Cheek has established himself as a first-team regular under Graham Potter, but the Serie A champions were said to be ‘bewitched’ by the 26-year-old during their 3-0 Champions League defeat in London a fortnight ago.

Norwich announce £23.6m pre-tax loss

Norwich have announced a pre-tax loss of more than £23m during their ultimately doomed 2021/22 Premier League campaign.

The club would have made a profit without a £26m loss on transfers, the accounts revealed, as they looked to compete in the top flight after promotion from the Championship in 2020/21.

Zoe Webber, executive director, said: “We are proud of our progressive approach, and we remain committed to fulfilling our ambition to become a stable, sustainable, and successful Premier League club.

“Our record total income of £141m is by far the highest in the history of the club and is testament to our collaborative approach.”


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