Clubs Defy Cash Struggle As Wage Bills Keep On Rising

Daily PostJune 09, 2011

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Summary


PREMIER League clubs saw wages continue to spiral, despite revenues largely stagnating - with the Merseyside clubs among the worst offenders, a new report said.

The total revenues of Premier League clubs broke the pounds 2bn barrier for the first time in 2009-10, according to the annual review of football finance published by accountant Deloitte today.

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Clubs Defy Cash Struggle As Wage Bills Keep On Rising

But that was only a 2.5% increase on the year before, while wages rose twice as fast, up 5%.

Dan Jones, partner in Deloitte's Sport...

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