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Premier League hits new turnover mark but gap grows between richest and the rest
Premier League clubs made record revenues last season but rising wages cut into profits as ‘the big six’ continued to pull away from the pack in financial terms. With all of last season’s accounts now filed at Companies House, financial analysts Deloitte and Vysyble have compiled reports looking at the overall picture in England’s top flight. The headline figures are that overall turnover reached £4.8billion in 2017/18, up £200million on the season before, but the combined wage bill rose by £400million to £2.9billion, with the average league wage/revenue ratio rising from 55 per cent to 59 per cent. Overall turnover - £4.8billion, up by £200million. Wage bill - £2.9billion,...
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-4y from FourFourTwo.com
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