Premier League wages reach record levels

The rise in player wages has reached record levels in the Premier League - a worrying trend with clubs now subject to UEFA's financial fair play rules.

Premier League football
Manchester City and Chelsea have recorded the biggest losses in the Premier League. Credit: Peter Byrne/PA Wire

The latest annual review of football finance by analyst Deloitte show the increase in wages outstripped the growth in revenues. It has resulted in a wages/revenue ratio of 70% in the Premier League - a record figure having crept up from the low-to-mid 60s five years ago.

Wages went up by £201million in 2010-11 to almost £1.6billion, a 14% rise, and overall revenues rose by 12% to £2.27billion. This was mostly driven by a rise in income from the new TV deals, especially from overseas rights.

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