Premier League revenues near £2bn

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Top English clubs saw revenues reach record levels in 2007/08, but wages and debt also soared.

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Interesting though that wages as a percentage of turnover has remained static for the Premier League (62%). Essentially, the Premier League is getting more money in and so spending more on wages as a result - it's not being funded any differently to how it's always been funded.

Chelsea's and the Mancs' wage costs are a shocker though - up by nearly 30%?! And Newcastle's increased by 50% which is insane. Sunderland and Derby started from a much lower base so that was to be expected.
 
Actually a pretty decent and informative article from the BBC for a change. Some interesting stuff in there.
 
Guy in the Guardian went further down into detail, he is a good writer. Cone or Cool or something.
 
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