The spiralling cost of Premier League wages sees the Big Six spend £1.7BILLION on player salaries – including £352m at Manchester United – as Deloitte warn of huge coronavirus losses
Player wage bills at the Premier League’s elite clubs have spiralled over the past two years amid warnings of a £1billion loss in revenue because of .
A found wages at Manchester United, and as a percentage of club revenue rose sharply last season as part of a £1.7billion outlay on wages by the ‘big six’.
The figures also indicate that eight Premier League clubs recorded wage to revenue ratios of 70 per cent or more – the warning threshold used by UEFA in its Financial Fair Play rules. Continue reading