Premiership Wages To Top £1billion - 30th May 2007 11:30pm
Originally Posted by BBC News
Premier League wages are set to break the £1bn barrier for the first time in the competition's history, a report from Deloitte has said.
Salaries and bonuses will increase next season as a £1.7bn television deal for top-flight games comes into effect, the report says.
Deloitte's annual review of football finances showed Premier League wages rose 9% to £854m in 2005/06.
Chelsea's outlay totalled £114m while four other clubs paid more than £50m.
The new TV revenue - including domestic and international rights - equates to about £300m extra per season over the lifetime of the current three-year deal.
Salaries and bonuses will increase next season as a £1.7bn television deal for top-flight games comes into effect, the report says.
Deloitte's annual review of football finances showed Premier League wages rose 9% to £854m in 2005/06.
Chelsea's outlay totalled £114m while four other clubs paid more than £50m.
The new TV revenue - including domestic and international rights - equates to about £300m extra per season over the lifetime of the current three-year deal.
I think its absolutely disgusting the way the games going with regards to wages and expenditure, but I suppose its just the current state of the worldwide sports market and the Premiership clubs have to keep up with it.
BBC News Report