A report from BT Sport has a breakdown of the wage expenditure and profit/loss number for teams in the Premier League from the 2013/14 season, and as you’d expect, it’s quite a lot, especially at the top.
The rival clubs from the north of England came in at the top of the wage list, with Manchester United leading the way $322.6 million and Manchester City right behind at $306 million. What’s that gotten them this season? Third and fourth place this season in the Premier League table, so far.
Chelsea, the runaway league leaders and almost certain winners are third in wage bill at $288.1 million, having brought in the likes of Diego Costa and Nemanja Matic in the summer. They’ve overachieved their wage bill slot, but not nearly as much as Southampton. We saw the Saints have posted their first net profit for the first time since they were placed into administration, but this may be more impressive. Their wage bill, sitting at just $82.5 million, is good for 16th in the Premier League, but they still sit in seventh position having ridden their youth stars to top flight success.
As the report points out, Queens Park Rangers are the farthest from their wage bill in the opposite direction, struggling in a relegation battle sitting in 19th position, but carrying a salary figure of $112.5 million for owner Tony Fernandes to navigate. At the bottom of the wage list are promoted sides Leicester City and Burnley, with $54.27 respectively and $32.1 million respectively.
Of the Premier League table’s top seven teams hoping to secure a place in European play, only one returned a net loss on the season, Manchester City with a $34 million loss, which is the largest loss in the Premier League, but less than last season’s financial black hole of $77 million. QPR ended up with the league’s largest operating loss of $97.6 million, but a debt writeoff lowered it to just a loss of $14.5 million. Other teams posting a loss include Sunderland, Aston Villa, Leicester City, and Burnley.
The most profitable club in the Premier League by far was Tottenham, who posted a $97 million profit thanks in large part to the sale of Gareth Bale to Real Madrid.