SM
Spain vs. Switzerland: 11 hrs 24 mins
Upcoming predictions and previews

Bury

Lower league wage levels suggests other clubs may suffer same fate as Bury

:Headline: Lower league wage levels suggests other clubs may suffer same fate as Bury: ID:369545: from db_amp
League One clubs spent 94% of their revenue on wages in season 2017/18.

As Bury face oblivion and Bolton have two weeks to avoid a similar fate, the financial gulf between the booming Premier League and the lower leagues needs little spelling out.

But while it is easy to look at numbers which show that the cumulative revenue of all 24 League One clubs in 2017/18 was barely 60 per cent of the average Premier League club and spot the problem, it is about how the clubs manage those resources.

According to Deloitte's Annual Review of Football Finance 2019, for the 2017/18 season, Premier League clubs made a cumulative pre-tax profit of £426million.

PA Graphic

That equates to an average of £21million, but in fact only 13 of the 20 clubs made a pre-tax profit with seven reporting a loss.

That compares to League One, in which the 24 clubs reported a total loss of £81million, an average of £3.4million per club.

And key to that is spending on wages.

Deloitte's report showed that while the average Premier League club's wage budget of £142million exceeds the total League One budget of £137million, the key figure is the percentage of club revenues that go on salaries.

In the Premier League, clubs spend an average of 59 per cent of their revenues on wages, but in League One that number leaps to 94 per cent – a number that can leave many of them constantly battling to stay afloat.

amp_article__369545 : Database Data restored...  : 
last updated article - 2019-08-28 13:00:18:
html db last update - 2019-08-28 13:00:18 :

ex - 7200 : read : read cache amp html

Click here for more stories about Bury

Share this article now:
Read more about Bury Football
Recommended Next on SM
Premier League Table
TeamPWDLFAGDPTS
1Port Vale1610332416833
2Crewe AlexandraCrewe158431913628
3Doncaster RoversDoncaster168442218428
4Walsall1483327151227
5MK Dons168352719827
6Notts County167632315827
7Grimsby Town168171925-625
8Bradford CityBradford166552117423
9Gillingham157261612423
10AFC Wimbledon1371521111022
11Chesterfield165742920922
12BarrowBarrow166461715222
13Fleetwood TownFleetwood145632015521
14Salford City165651518-321
15Newport CountyNewport166281926-720
16Cheltenham TownCheltenham165382125-418
17Harrogate TownHarrogate165381422-818
18Accrington StanleyAccrington154562024-417
19Tranmere RoversTranmere144551017-717
20Bromley153751719-216
21Colchester UnitedColchester152851822-414
22Swindon TownSwindon162771825-713
23Carlisle UnitedCarlisle1633101429-1512
24Morecambe1624101427-1310
Scroll for more - Tap for full version


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!

Loading ...

Failed to load data.



. . . . . . . . . . . . . . .