English Premiership

Chelsea top Premier League wage bill chart

2016-01-08 17:10
Chelsea logo (File)

London - Chelsea have usurped Manchester United and Manchester City at the top of the Premier League's wage bill chart, according to annual figures released on Friday.

The data, published by Companies House, the United Kingdom's registrar of companies, showed that Chelsea spent more money on player salaries last season than any other team in the English top flight.

They had topped the table prior to the 2011/12 season, when City, who won that year's title, overtook them.

Chelsea, owned by Russian billionaire Roman Abramovich, reported a total wage bill of £215.6 million, a rise of £25 million.

United's salary bill was £203 million, City's £193.5 million and Arsenal's £192.2 million. Both Manchester clubs reported a fall in overall wages.

Chelsea finished the season as champions, with City second, Arsenal third and United fourth, but they have fallen badly off the pace this term, resulting in the dismissal in December of manager Jose Mourinho.

In November Chelsea announced a net loss of £23.1 million on turnover of £314.4 million, but said that they were still complying with European governing body UEFA's Financial Fair Play (FFP) regulations.

Their full annual figures reveal that the west London club made a £42 million profit in player trading after selling Romelu Lukaku, Andre Schurrle and Ryan Bertrand. The equivalent figure in 2013/14 was £65 million.

The accounts also reveal that Abramovich injected £46.7 million of funding last season and £57.1 million the previous year.

The accounts state: "However ... part of the debt has been converted into equity during the year via the allotment of ordinary shares."

Read more on:    chelsea  |  english premiership  |  soccer
NEXT ON SPORT24X

What To Read Next

 

Read News24’s Comments Policy

Live Video Streaming
Video Highlights
Sport Talk

Fixtures
10 December 2016
Watford v Everton, Vicarage Road Stadium 14:30
Arsenal v Stoke City, Emirates Stadium 17:00
Hull City v Crystal Palace, Kingston Communications Stadium 17:00
Swansea City v Sunderland, Liberty Stadium 17:00
Burnley v AFC Bournemouth, Turf Moor 17:00
Leicester City v Manchester City, King Power Stadium 19:30
11 December 2016
Chelsea v West Bromwich Albion, Stamford Bridge 14:00
Manchester United v Tottenham Hotspur, Old Trafford 16:15
Southampton v Middlesbrough, St. Mary's Stadium 16:15
Liverpool v West Ham United, Anfield 18:30
13 December 2016
Everton v Arsenal, Goodison Park 21:45
AFC Bournemouth v Leicester City, Vitality Stadium 21:45
Logs
Team P W PTS
Previous Results

Date Home Team Result Away Team
Vote

Who will claim the Premier League title at the end of the 2016/17 season?

 
 
Men
Women
Love 2 Meet
English Premiership flutter

Take Sport24's "expert" tips at your peril...

Sport24 on Twitter

Follow Sport24 news on Twitter

Featured

With the Absa Premiership in full swing, who will be crowned champions when all is said and done? Will Mamelodi Sundowns defend their title? Or can Kaizer Chiefs, Orlando Pirates or Bidvest Wits mount a serious challenge? Stay glued to Sport24 to find out!

Latest blogs
 

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.