Walsall in League One manage to break even each season, revenues staying more or less level in 2016/17 at £6.6m. One reason is that they don't pay a lot out in wages, a total bill of £3,12m that works out an average of £470 a week, although the directors get paid quite well. It should be noted that this figure includes support staff, so most players would get rather more. This means that wages as a share of revenue fluctuate around the 50 per cent mark: Balanced finances
Solidarity payments from the Premier League increased from £360,000 to £645,000 which offset a fall in matchday income. It may be that Walsall's prudent finances makes a push for the next level unlikely and fans may get turned off staying in League One after a while.
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