Sunday, July 23, 2017

Premier League´s financial might unchallenged, Deloitte figures show

SoccerNews in Bundesliga 12 Jul 2017

46 Views

The Premier League has cemented its status as unquestionably the world’s richest league, with projected collective earnings of £4.5billion last season, according to Deloitte.

The prestigious audit and financial consulting firm has released its Annual Review of Football Finance 2017, covering the 2015-16 campaign, during which total earnings were £3.6bn, a rise of nine per cent from the previous period. 

While the latest accounts are yet to be published, that figure is believed to have increased considerably last term, which was the first season of a lucrative new television rights deal, worth a total of £8.4bn for domestic and international markets, or £2.8bn per season, over three years from 2016 to 2019.

In contrast, clubs in the top two divisions of Europe’s second richest competition, Germany’s Bundesliga and 2.Bundesliga, are expected to earn approximately £1.2bn per season during the same period.

Combined revenue for clubs in England, Germany, Spain, Italy and France was said by Deloitte to have increased by 12 per cent to £11.8bn in 2015-16, fuelled by increases in broadcast income from UEFA Champions League participation. 

Much of this was reinvested by teams in spending on wages, which increased by 10 per cent to £7.2bn. 

“Even in the final year of its old broadcast contracts, Premier League revenues continued to set new records,” Dan Jones, a partner in Deloitte’s sports business group, was quoted as saying. 

The lure of securing promotion to the Premier League continues to encourage major speculative spending among Championship clubs, who paid more in wages (£561m) than they earned (£556m) and had record operating losses of £261m in 2015-16.

ABOUT THE AUTHOR

SoccerNews

Soccernews.com is news blog for soccer with comprehensive coverage of all the major leagues in Europe, as well as MLS in the United States. In addition we offer breaking news for transfers and transfer rumors, ticket sales, betting tips and offers, match previews, and in-depth editorials.

You can follow us on Facebook: Facebook.com/soccernews.com or Twitter: @soccernewsfeed.

SHARE OR COMMENT ON THIS ARTICLE

WE RECOMMEND

Leave a Reply

Be the First to Comment!

Notify of
avatar
 
smilegrinwinkmrgreenneutraltwistedarrowshock???cooleviloopsrazzrollcryeeklolmadsad!?ideahmmbegwhewchucklesillyenvyshutmouth
wpDiscuz
Live Scores

advertisement

Betting Guide Advertisement

advertisement

  • Football_888sport betting
Become a Writer
More More
Top