By David Owen from Inside World Football
January 22 – England's Football Association (FA) has reported a loss and a reduction in turnover for its financial year ended July 31. The £9.3 million pre-tax loss was attributable partly to £10.4 million of restructuring/reorganisation costs, which in turn included £6.7 million of redundancy costs.
The dip in turnover - from £332.3 million to £318.1 million - came in a year which saw income from sponsorship and licensing slide by £11.5 million to £58.4 million. There was no lead sponsor for the FA Cup in the 2014-15 season. Emirates has since stepped into the breach, auguring better for the current 12 months.
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