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Premier League goes into profit

With almost all Premier League accounts in, there was a big boost to income and profits in 2016/17, reports Kieran Maguire of the Price of Football.

Total income was up 25.3% from £3,639 million to £4,561 million. Clubs made a collective profit of £489 million in 2016/17 compared to a loss of £91 million the previous season as the new TV deal kicked in.

The wage bill in 2016/17 was £2,468,000,000 up 10.1% from previous season. The two Manchester clubs had the biggest wage bills. However, wages are now only £54.12 out of every £100 of income compared to £61.60 the previous season.

Total player purchases in the Premier League for 2016/17 were £1,583,600,000, up 18.4% on previous season. Bournemouth sent only £9.3 million on players and stayed up.

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