Kieran Maguire of the PriceofFootball notes that four clubs in the Premier League, EFL and Scottish Premiership have published wage data. 17 clubs spent more on wages than they generated in income, all of whom were in the Championship and League One.
Only 27 were below UEFA's 'red line' of £70 wages for £100 income and only Spurs spent less than one half of income as wages. BTW, it is interesting that the Uefa 'red line' is now used instead of the Deloitte recommendation of a fifty per cent level.
Maguire, who was wearing a strangely coloured pullover on BBC Midlands yesterday evening, also reveals that Bristol Rovers are threatened with being struck off by Companies House after failing to submit accounts on time. Will other clubs such as Sheffield Wednesday, who have also broken the law, follow suit, he asks?
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