England’s top flight is the most glamorous league in the world and its clubs are making more money than ever, but still Premier League clubs are drowning in ÂŁ2.4 billion debt, revealed the annual Deloitte review of football finance. According to the report, Premier League clubs raked in a record combined revenue of ÂŁ2.28 billion in the 2010 -11 season, rising by 9% compared to last season. In spite of the increase, operating profits reduced by 19%…

Spanish giants Barcelona have lined up Didier Drogba for their next “hot transfer” by offering him a two-year deal worth up to ÂŁ 5million a season. Tito Vilanova, the new boss expected to succeed Pep Guardiola after their Copa Del Rey final against Athletic Bilbao next week, is keen to cover David Villa with a world-class striker. A Barcelona source confirmed, “What the team needs is an attacking player who…