Top 5 football clubs in debt

Recent times have shown a prime shift in the superpower of the footballing world owing to some billionaires taking over football clubs which were in a desperate need for money. While many have showed themselves to be successes, there are noteworthy and mention-able exceptions.Here are the top fivefootball clubs in debt(who are or have been in debt).Note: The order of clubs are based on the amount of debt and the direct consequences of that debt and how badly it has affected their performances on and off the field.

#5 Borussia Dortmund

Their total debt is valued around $82 million.

The 2012/13 Champions League finalists have a squad ravaged by injuries, which has led to a considerable dip in their performances. But it’s not hidden from anyone that they have continuously, for quite some years now faced issues of financial mismanagement and debt.

In 2004, the club faced its worst time financially, which led to the sale of the naming rights of their home stadium, Westfalenstadion which was then called the Signal Iduna Park. 

The financial situation also resulted in a drop in player wages, which ultimately led to the transfer of their main man Tomas Rosicky to Arsenal in 2006.

The situation improved thereafter to some extent but their capability to retain key players and compete with the richest in transfer windows has come under scrutiny again.

In the last three years, this German club has seen the likes of Nuri Sahin, Shinji Kagawa, Mario Gotze and now Robert Lewandoski leave for bigger and better financially backed clubs.