Join Now  | 
Home About Contact Us Privacy & Security Advertise
Soccer America Daily Special Edition Around The Net Soccer Business Insider College Soccer Reporter Youth Soccer Reporter Soccer on TV Soccer America Classifieds
Paul Gardner: SoccerTalk Soccer America Confidential Youth Soccer Insider World Cup Watch
RSS Feeds Archives Manage Subscriptions Subscribe
Order Current Issue Subscribe Manage My Subscription Renew My Subscription Gift Subscription
My Account Join Now
Tournament Calendar Camps & Academies Soccer Glossary Classifieds
EPL player wages at record levels
AFP, May 31st, 2012 7:33PM
Subscribe to Section 2 Around the Net


MOST READ


A review into soccer finances shows that English Premier League players' wages are at record levels, outstripping growth in club revenues.

Wages went up by $312 million dollars in the 2010-11 season to almost $2.8 billion -- a 14 percent rise -- while overall revenues at clubs rose by 12 percent to $3.5 billion, according to analysts Deloitte.

With the top 20 clubs splashing out on big salaries in an increasingly desperate bid for success, wages now account for a record 70 percent of the revenue generated by Premier League clubs.

"If the wages to revenue ratio is 70 percent or higher it's very difficult to make an operating profit," Alan Switzer, director in the sports business group at Deloitte, said. "In our view it is too high as a league and the clubs need to be edging back to the low 60s."

Read the original story...


1 comment
  1. Carlos Thys
    commented on: June 1, 2012 at 5:38 p.m.
    Let the market decide. Good. Very soon this will fail. American sports fans should be very careful not to compare world soccer with the more limited world markets for the sports of basketball, American football, baseball, and ice hockey. The fans in England (Scotland, Spain, France, and Italy, too) will only very reluctantly continue to pay for this folly and will soon (if not already) be unable to pay at all for it. More importantly, unwilling to pay for it. Don't just think live, in stadium ticket prices. Pay-per-view, pay cable, pay internet, etc. also must ratchet up in costs. I've been nearly chased out of a "football viewing" public house in London because I wasn't spending enough on food and drink. I was flummoxed. But the proprietor was not as he loudly proclaimed how expensive it was for him to have two simultaneous pay cable football channels. He cried out, "You must pay because I must pay!" Soccer -- like all pastimes -- should never so arrogantly assume that the next generations won't just walk away and find other ways to spend their freetime. Additionally, as economies in Europe and Britain collapse, this will all go to ruin or doldrums anyway. Sky high present-day professional league salaries for players AND coaching staffs only make the demise swifter -- and surer.


Sign in to leave a comment. Don't have an account? Join Now


AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Monaco Splashes Cash on FC Porto Duo    
Newly promoted French Ligue 1 club AS Monaco, which is bankrolled by the Russian billionaire Dmitry ...
Watford, Crystal Palace in Soccer's Most Valuable Game    
After Saturday's UEFA Champions League final, Wembley will be reset for Monday's Championship Playoff Final between ...
Klopp: Bayern Destroyed Everyone but Us This Season    
Speaking to reporters ahead of Saturday's UEFA Champions League final between Borussia Dortmund and Bayern Munich, ...
Micah Richards: 'I Want to Play for NYCFC'    
New MLS franchise co-owner Manchester City and Chelsea played out an entertaining friendly at Busch Stadium ...
Neymar's Father Explodes Over Botched Transfer    
Neymar Senior, the father and agent of Brazilian soccer star Neymar, has hit out at Santos ...
Vieira: NYCFC and Man City to Share Player Development    
When New York City FC finally takes the field as MLS's 20th team in 2015, it ...
Reports: Mourinho, Ancelotti to Move Once La Liga Ends    
According to reports in Spain and England, Real Madrid will unveil Carlo Ancelotti either on the ...
Florent Malouda: Chelsea's Costly Scapegoat    
Florent Malouda will pocket just over $6 million this year without having kicked a ball in ...
UEFA to Give UCL Spot to Europa Winner     
A new UEFA ruling will see the winner of its Europa League given an automatic berth ...
Schweinsteiger: Bayern Healthier and Better Than Last Year     
Bayern Munich is keen to shed the losers' tag it carries into Saturday's UEFA Champions League ...
>> Section 2 Around the Net Archives