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01/06/2006
Fall in Premiership wage packets
Wages for Premiership footballers have dropped for the first time in the league's history.
The report by Deloitte & Touche's Sports Business Group showed that the total wage bill for Premiership clubs fell by 3.2% in the 2004/05 season.
However, the figures do not take into account the broadcasting deal, which will generate an additional £1.7 billion for Premiership clubs.
Deloitte said that wages had risen in the Premiership, which was established in 1992, by an average of 20% each year.
However, in spite of the recent drop in wages, players in England still earned more than their European counterparts.
In Italy, which had the second highest wages bill in Europe, the total wage bill was £561 million - 29% lower than the £785 million spend on wages in the Premier League - while in the top Spanish league, the wages bill amounted to £444 million.
(KMcA)
The report by Deloitte & Touche's Sports Business Group showed that the total wage bill for Premiership clubs fell by 3.2% in the 2004/05 season.
However, the figures do not take into account the broadcasting deal, which will generate an additional £1.7 billion for Premiership clubs.
Deloitte said that wages had risen in the Premiership, which was established in 1992, by an average of 20% each year.
However, in spite of the recent drop in wages, players in England still earned more than their European counterparts.
In Italy, which had the second highest wages bill in Europe, the total wage bill was £561 million - 29% lower than the £785 million spend on wages in the Premier League - while in the top Spanish league, the wages bill amounted to £444 million.
(KMcA)
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