Premier League remains world's richest courtesy of huge TV revenue growth
- Author: Stacy Allen Jul 14, 2017,
Jul 14, 2017, 0:25
The total £3.6bn earnings of Premier League clubs in 2015-16, as reported by the Guardian's own review of the clubs' most recently published accounts are projected to have increased to £4.5bn last season, the first of the league's vastly more lucrative 2016-19 TV deals.
Scroll through the gallery above to check out the numbers.
The 92 clubs combined to generate a record £4.4billion, with the Premier League's 20 clubs contributing £3.6bn of that sum, up nearly £300m, or nine percent, on 2014-15.
While the latest accounts are yet to be published, that figure is believed to have increased considerably last term, which was the first season of a lucrative new television rights deal, worth a total of £8.4bn for domestic and global markets, or £2.8bn per season, over three years from 2016 to 2019.
"Even in the final year of its old broadcast contracts, Premier League revenues continued to set new records", said Dan Jones, partner in the sports business group at Deloitte. That is a combined operating profit of more than £1.6 billion over the past three seasons, more than they managed in total over the previous 16 seasons combined.
The size of that increase, and the gaping financial superiority over the other leagues, is reflected in Premier League clubs' transfer activity so far this summer.
He said the broadcasting boost to revenues in 2015-16 was mainly down to European federation Uefa increasing its payments to Premier League clubs by £100m.
Premier League clubs spent a record £1.3 billion on transfers during the 2015/16 season, surpassing the previous season's record of £1.1 billion by over 20 percent.
There is little sign of such doom and gloom in Deloitte's report, which notes the clubs in England's top-four divisions combined to pay a record £1.6bn in tax, but there are a few notes of caution.
Jones said: 'The return to pre-tax losses in 2015/16 was the result of exceptional, or one-off, accounting adjustments, without which clubs collectively would have broken even.
Combined revenues among Championship clubs hit a new record of £556m, but they spent more on wages than they generated in revenue at £561m.
Click through the gallery above to see how much each club's new signings cost in the new Fantasy Premier League game.
Arsenal, Crystal Palace, City, Swansea City, Tottenham Hotspur and West Bromwich Albion were the six clubs in the Premier League in a net funds position at the end of the season.