Premier League leads European financial dominance but Championship clubs 'living beyond their means'

Ireland News News

Premier League leads European financial dominance but Championship clubs 'living beyond their means'
Ireland Latest News,Ireland Headlines
  • 📰 SkyNews
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 67%

Deloitte's annual football finances review shows combined club revenue in England's top tier rose 12% to a record £5.5bn during the season before last.

The wealth of the Premier League has actually created pressure on it to bolster the money it gives to the lower leagues to help them bridge the gap.The combined revenue for clubs across the English Football League - including the Championship, League One and League Two - was more than £1bn in the 2021/22 season.

But it added:"Despite the decrease, wages remained higher than the revenue earned by clubs in the division for the fifth consecutive year, with a wage/revenue ratio of 108%."Mr Bridge said:"The net debt of Championship clubs remains significant, with a vast number of clubs increasing their loans over the 2021/22 season.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SkyNews /  🏆 35. in UK

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Premier League clubs vote on extra funds for grassroots gamePremier League clubs vote on extra funds for grassroots gameAn additional £33m would be spent on girls' football and other initiatives if a vote among top-flight clubs is passed on Thursday, Sky News understands.
Read more »

Furious PSG will sell Kylian Mbappe this summer with Premier League switch 'very appealing'Furious PSG will sell Kylian Mbappe this summer with Premier League switch 'very appealing'🟢 Mbappe is by no means guaranteed to join Real Madrid and would consider ‘a number of clubs’ in England – and PSG want him gone after growing ‘tired’ of his transfer ploys 🔴 Exclusive from PeteHall86
Read more »

Summer 2023 transfer window opens - Already 10 Premier League deals agreed and £156m committedSummer 2023 transfer window opens - Already 10 Premier League deals agreed and £156m committedSummer 2023 transfer window opens - Already 10 Premier deals agreed and £156m committed, including Monday's NUFC capture NUFC EPL
Read more »

Brighton confirm James Milner signing as Premier League veteran eyes all-time recordBrighton confirm James Milner signing as Premier League veteran eyes all-time recordBrighton have completed the signing of James Milner on a free transfer. The midfielder joins the Seagulls following a hugely successful eight seasons at the Reds. Milner has put pen to paper on a o…
Read more »

'Leaked' Premier League fixtures circulates on social media but flaw found with Luton vs Liverpool clash'Leaked' Premier League fixtures circulates on social media but flaw found with Luton vs Liverpool clashA photo of a document appearing to show the Premier League’s opening day fixtures has been circulating on social media. Fans are itching to know who their side will face in the first week of …
Read more »



Render Time: 2025-03-26 00:22:28