That was the finance directors' main concern at the time, followed by falling gate receipts, inflexible player salaries and difficulty in attracting sponsors.

BBC: SPL clubs 'expect to lose money'

Its survey found a lot of pessimism, delays in paying tax bills, too much debt, not enough TV income, falling gate takings and a struggle to secure sponsorship.

BBC: Rangers' financial blues

After being squeezed between rising input costs and falling factory-gate prices, China's manufacturers are starting to raise prices to rebuild margins and getting away with it because both domestic demand and exports are still far stronger than they were two years ago.

ECONOMIST: China's economy