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REVEALED: The spiralling cost of Premier League wages sees the Big Six spend £1.7BILLION on player salaries - including £352m at Manchester United - as Deloitte warn of huge coronavirus losses

Player wage bills at the Premier League's elite clubs have spiralled over the past two years amid warnings of a £1billion loss in revenue because of Covid-19.

A study by Deloitte found wages at Manchester United, Manchester City and Chelsea as a percentage of club revenue rose sharply last season as part of a £1.7billion outlay on wages by the 'big six'.

The figures also indicate that eight Premier League clubs recorded wage to revenue ratios of 70 per cent or more - the warning threshold used by UEFA in its Financial Fair Play rules.