Published: Fri, July 14, 2017
Sport | By Billy Aguilar

Premier League revenues predicted to soar past £4.5bn in 2016/17

Premier League revenues predicted to soar past £4.5bn in 2016/17

Total Premier League net debt fell for the third consecutive season, by £125m (5%) to £2.2bn at the end of the 2015/16 season.

First, there is the fact the Premier League clubs actually recorded a combined pre-tax loss in 2015-16, which Jones said was a result of "exceptional, or one-off, accounting adjustments".

English football has never had it so good as Deloitte's Annual Review of Football Finance shows total revenue for the 92 league clubs hitting a record £4.4bn for the 2015/16 season. The clubs spent a record £1.3bn on transfers during the 2015/16 season, surpassing the previous season's record of £1.1bn by over 20%.

Although England's clubs will not publish their 2016-17 accounts for several months yet, the Premier League has already disclosed its distribution of TV and sponsorship money last season, which Deloitte calculates was 45% higher than in 2015-16.

The gap between Premier League clubs' earnings and those in Europe's next wealthiest leagues would be even greater were it not for the fall in the value of the pound against the euro following the British vote to leave the European Union last June.

Total capital expenditure by Premier League and Football League clubs rose by 3% in the 2015/16 season to £313m, a new record.

It's hard to believe little over a year ago Leicester City lifted the Premier League trophy.

Diego Costa came out publicly to say Antonio Conte no longer wanted him at Chelsea
GETTY Diego Costa came out publicly to say Antonio Conte no longer wanted him at Chelsea

The gap created by the Premier League is widening in England too, its £2.4bn annual TV deal is nearly 30 times greater than that of the EFL, which is reported to be now £90m across all three divisions.

Click through the gallery above to see how much each club's new signings cost in the new Fantasy Premier League game.

Adam Bull, senior consultant in the Sports Business Group at Deloitte, said: "With clubs standing to earn a revenue uplift of at least £170m from promotion to the Premier League, rising to over £290m if they survive one season, Championship clubs continue to be tempted to spend excessively relative to their revenues, particularly on wages".

The latest football transfer gossip column from The Sport Review, featuring all of the latest Premier League transfer news and rumours.

. Unsurprisingly, this added up to a record operating loss of £261m.

And, based on the information they've revealed, we've compared the wage bill of every Premier League club to their league position in the 2015/16 campaign.

Seven clubs had a wages-to-revenue ratio in excess of 70 per cent, the traditional...

Like this: