Happy Fox Posted 5 June 2014 Posted 5 June 2014 Crazy money but look at the difference compared to the championship Ker-ching! Premier League clubs’ revenue tops £2.5BILLION for the first time Jun 05, 2014 00:01 By David Anderson Top flight riches are in contrast to the bleak outlook for sides in the Championship, where revenue fell £39m as wages rose £40m 10 Shares Share Tweet +1 Email Alex Livesey Rolling in it: Yaya Toure with manager Manuel Pellegrini and the Premier League trophy Manchester City talisman Yaya Toure led the stars who cashed in as Premier League clubs’ revenue topped £2.5billion for the first time. According to figures for 2012-13 from Deloitte, the Premier League is the richest in Europe, with the 20 sides earning a combined £2.525bn. The gulf to the Championship is, unsurprisingly, widening - their clubs posted record operating losses of £241million. Players’ salaries were £1.8bn in 2012-13, and the ratio of turnover to wages hit a record high of 71 per cent. Midfielder Toure lead the way after City handed him a bumper £220,000-a-week deal in April 2013. The Premier League’s money-making machine shows no signs of slacking and the 20 clubs are forecast to have raked in £3.2bn last season, the first under the new TV deal. Despite fans’ complaints about the rising ticket prices, grounds were 96 per cent full in 2012-13 – a Premier League record. Deloitte Revenue Dan Jones, partner in the sports business group at Deloitte, said: “Once again the global appeal of the Premier League has continued to drive commercial revenue growth, particularly at the highest-ranked Premier League clubs. “We estimate that Premier League clubs’ revenue will have increased by almost 30 per cent to £3.2bn in 2013-14. “This growth will be driven by the revenue from the first season of the Premier League’s new broadcast deals and further commercial revenue growth at the biggest clubs.†Wages are expected to have risen to an Âeyewatering £2.2bn last season as Wayne Rooney and Luis Suarez pocketed new mega deals, although their ratio to turnover is predicted to fall. Adam Bull, senior consultant in the sports business group at Deloitte, said: “We would expect Premier League total wage costs to reach a new record level of around £2.2bn. Deloitte Wages “However, given the forecast increase in revenue, this would also return the wages-to- revenue ratio below 70 per cent for the first time since 2009-10.†Total operating profit was £82m and 13 clubs were in the black, compared with 10 in 2011-12, although net debt rose to £2.5bn. The Premier League’s riches story is in contrast to the bleak outlookfor Championship clubs and their revenue was down £39m, while wages rose £40m. Bull said: “The 2012-13 wages to revenue ratio for Championship clubs of 106 per cent is the highest ever recorded by an English division and is clearly unsustainable without ongoing owner support.†http://www.mirror.co.uk/sport/football/news/ker-ching-premier-league-clubs-revenue-3646082#ixzz33kRqvuV8 Follow us: @DailyMirror on Twitter | DailyMirror on Facebook
Fox92 Posted 5 June 2014 Posted 5 June 2014 It's sad... Look how money dominates. No wonder teams like Villa are happy just staying up every season. Staying up seems to be priority over winning trophies.
Master Fox Posted 5 June 2014 Posted 5 June 2014 Shame most of the best players prefer to go to Spain. La Liga is a far better league in terms of quality of players.
Oxfordfox83 Posted 5 June 2014 Posted 5 June 2014 Shame most of the best players prefer to go to Spain. La Liga is a far better league in terms of quality of players. How d'you figure? Top 3 (Messi/Ron/Bale) aside, do the best players really play in Spain? I think there's a good case to be made for France attracting more talent, and the strength of the German league suggests it's far from unattractive. I also think the top 4 have enviable squads that would compete over a league season against any in Europe. However, we don't produce good Cup teams at the moment, which is why our teams struggle in knockout stages of European tournaments...
jamesmilner Posted 5 June 2014 Posted 5 June 2014 what amount of that £2.5 billion is dominated by the top teams in the league ? id love to see the true break down . money has always talked !!
Agent Fox Posted 5 June 2014 Posted 5 June 2014 How d'you figure? Top 3 (Messi/Ron/Bale) aside, do the best players really play in Spain? I think there's a good case to be made for France attracting more talent, and the strength of the German league suggests it's far from unattractive. I also think the top 4 have enviable squads that would compete over a league season against any in Europe. However, we don't produce good Cup teams at the moment, which is why our teams struggle in knockout stages of European tournaments... It was only a few years ago that English teams dominated the Champions League. I wouldn't want the best players all in one league, we have the Champions Leafue for that.
Jace Posted 5 June 2014 Posted 5 June 2014 La Liga teams have a huge advantage though of paying 10% tax to its players when Premiership clubs pay 50% the weather helps too
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