The Premier League’s 20 clubs made record revenues of £4.827bn in 2017‑18, paying total wages of £2.8bn, the Guardian’s annual analysis of the clubs’ most recently published annual accounts has revealed. Their combined income, in the second year of the league’s £8.4bn TV deals from 2016-19, confirms the Premier League’s financial dominance over all other leagues in Europe, which has underpinned four of its clubs claiming all the places in next week’s finals of the Champions and Europa League. Spain’s La Liga declared this month record combined revenues of €4.48bn (£3.86bn), for all 42 clubs in its two divisions for 2017-18, almost £1bn less than the Premier League’s alone. The German Bundesliga announced similar record revenues, €4.42bn (£3.88bn) for all 36 clubs in its two divisions. The gap with English football’s top flight is widening further despite the Europe-wide boom in the game’s popularity and TV income, largely because of the Premier League’s lucrative international TV rights and its top clubs’ European success in itself, which means they earn handsomely from Uefa TV and prize money. The financial gap between the Premier League, whose clubs’ combined revenues were up more than £300m on the 2016-17 season, and Europe’s other top… Read full this story
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