Premier League wage bill surges to £2.9bn

Premier League wage bill surges to £2.9bn

The “big six” clubs of

Arsenal,

Chelsea,

Liverpool,

Manchester City,

Manchester United

Tottenham

accounted for 89% of the league’s pre-tax profits, according to financial data firm Vysyble.

They earned more than £53.4m a week between them, up from £48.4m the previous season, while the other 14 sides made a combined £39.4m a week, down £200,000 on the year before.

Premier League clubs paid out more than £260m to football agents in the 12 months to the end of January 2019, an increase of £49m on the previous year, according to documents released by the Football Association.

Liverpool were the highest-spending club in the top flight, paying £43m to agents in that period.

Chelsea (£26m)

Manchester City (£24m)

were the next biggest spenders.

Fees to agents went up despite spending on transfers falling by more than £500m when compared with the previous season.

BBC News

https://www.bbc.com/news/business-48042814