Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Analysts issue warning over club spending on player wages

Tue 8th Jun 2010 | Money & Finance

In light of the Portsmouth fiasco this season, Deloitte have released a stark warning to clubs over spending on wages in the coming seasons.

According to the report, spending on players wages in the Premier League increased by £132m (11%) to over £1.3bn for 2008/9. This equates to a record high wages/revenue ratio of 67%.

Overall revenues of the top 92 league clubs exceeded £2.5bn for the first time in 2008/09, an increase of almost £100m. However, the challenging economic environment restricted Premier League growth to 3% whilst the Championship increased revenues by 12%

The document produced by Deloitte’s Sport Business Group also highlights the net debt of Premier League clubs’ increased to £3.3bn in the same period (£3.2m 2007/08) with almost two-thirds of the total debt related to Arsenal, Manchester United, Chelsea and Liverpool.

Click here to read the highlights

If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

Don’t forget to subscribe to F.C. Business Magazine to keep up to date with the latest comment from the football world. Click here to subscribe

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

How Football Clubs Source Their Revenue

Thu 22nd Jun 2017 | Money & Finance

It will come as a surprise to no one that football is big business these days. Although players’ wages – especially at the top teams – have increased remarkably, the clubs can pay...

“Why Does Your Club Offer Discounts?” 5 Responses

Tue 6th Jun 2017 | Money & Finance

Following my article last week on the 3 observations about discounts offered on football clubs’ merchandise stores ; I wanted to share some more insight in to the merchandise space. I’ve...

West Ham United announce record season ticket renewals

Thu 1st Jun 2017 | Money & Finance

West Ham United have announced a club record number of season ticket renewals for the 2017/18 Premier League campaign. At Wednesday's 5pm deadline, over 90% of the 52,000 season ticket holders at...

Footballers, their cars, and how many minutes of play it takes to pay for them

Thu 1st Jun 2017 | Money & Finance

Online used car dealership Carspring have researched the vehicles driven by more than 250 of the world’s leading football players. With this information, along with the estimated salaries of...