Man United overtake City to top Premier League wage bill at a staggering €300m
Published 21/04/2015 | 19:44
Manchester United boast the highest wage bill of all Premier League clubs, after new figures emerged showing the club paid £215.8m (€300m) in salaries in 2013-14.
United have overtaken Manchester City as the biggest payers in the English top flight: City's wage bill stands at £205m (€285m), while Chelsea are third highest with £192.7m (€267m).
The lowest payers are Burnley, who boast a wage bill of just £21.5million – one-tenth the size of United's.
In terms of points gained per pound spent on wages, Southampton are the best performers in the Premier League: they are only ranked 15th in the top flight in terms of their wage bill – £55.2million – and yet are currently seventh in the Premier League.
The biggest under-achievers are QPR, with a £75million wage bill even from a season when they were in the Championship making them the eighth-highest payers yet they are down at 19th in the table. QPR's salary bill was almost twice what the club earned in total last season.
The wages costs and profits or losses of all top-flight clubs for 2013/14 have now been confirmed via annual accounts posted at Companies House and overall there is a close correlation between total salary bill and league position, with the current top four in the Premier League also the four biggest payers.
Premier League director of communications Dan Johnson said the clubs' decision two years ago to introduce spending controls had also contributed to a positive financial outlook
Johnson said: "There are two reasons for this. The first is increasing revenues and the second is the financial criteria the clubs have voted in two seasons ago which put financial sustainability at the heart of how they want to go forward."
The measures introduced by the clubs capped the amount they could use television money to pay for player costs. It also put a long-term limit on a club's overall losses.
The figures also show Sunderland are the ninth-highest payers but are 16th in the table.