No one could have imagined that a soccer team's annual revenue could exceed 100 million yuan!
Their entire worldview was practically turned upside down.
However, an internal accounting review revealed that despite this terrifying revenue, the Pioneer Club's soccer division had almost zero profit.
The main expense was salaries.
To acquire Batty and the four other star players, Chen Yu had paid out 18 million US dollars in salaries.
This alone amounted to a full 140 million yuan in expenses.
Factoring in the salaries of other players, club operations, and various marketing and promotional costs, the expenses reached 170 million yuan.
So, the final profit was likely only a few million yuan.
Not even one million US dollars.
To go through all that for an entire season only to make such a small amount of money... Chen Yu could have earned more from just performing a few surgeries.
But that's just how the sports industry is. Sometimes, just breaking even is considered a success.
