EPL Salaries Up 11 Percent To $3B In 12-13

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EPL Salaries Up 11 Percent To $3B In 12-13 

Post#1 » by RealGM Wiretap » Fri May 2, 2014 4:37 am

English Premier League clubs paid their players and other staff a record $3 billion USD in 2012-13, up 11% on the previous year, according to the Guardian's review of all the clubs' annual accounts.

The clubs made a record $4.56 billion combined income, yet nevertheless made a loss overall, of $491 million.

Twelve of the 20 clubs made a loss in 2012-13, with five clubs losing $84 million or more: Aston Villa, Chelsea, Liverpool, Manchester City and Queens Park Rangers.

The proportion of the income clubs spent on wages in 2012-13 was the same as in 2011-12, 67%, above the 50-60% threshold commonly recommended as sensible.

Clubs do not differentiate in their accounts between wages paid to players and to other staff, but the overwhelming majority go to players.

Via David Coon/The Guardian

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