It is also estimated that the Premier League revenue is expected to rise by 25 %, according to Deloitte.
The revenue is said to have grown more than €2.9bn in 2012-13, and will grow by a further £600m, or 25%, in 2013-14, when the league’s new broadcast deal kicks in.
Dan Jones, who is a partner in the Sports Business Group at Deloitte, was quoted by BBC as saying: “Despite operating in a challenging economic environment, English club football’s profile, exposure and increasingly global interest have continued to drive revenue growth for the top clubs.”
In 2011/12, almost 75% of the Premier League clubs’ revenue increase in 2011-12 was spent on wages.
“It is the age-old picture; revenues continue to be healthy and wage levels continue to be a concern. Championship clubs continue to overstretch off the field as they seek playing success to reach the Premier League,” added Dan Jones.
Now that the UEFA’s own break-even requirement will apply to clubs in its competitions for the first time in the 2013/14 season, Deloitte said: “The new era of cost constraints aims to help clubs across Europe to achieve a more sustainable balance between their costs and revenues and encourages investment for the longer-term benefit of football.”
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