China Daily (Hong Kong)

English elite rake in record revenue

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PARIS — England’s 92 Premier League and Football League clubs recorded combined revenues in excess of $5.7 billion in the 2015-16 season, according to consultant­s Deloitte.

Top-flight clubs generated record revenues of $4.4 billion, a 9 percent increase, in the final year of the league’s 2013-16 broadcast cycle, the firm said in its annual review of soccer finance.

Revenues will continue to rise in the 2017-18 season, the review forecast.

Salary costs rose 12 percent to $2.9 billion and the Premier League showed little sign of austerity, with its 20 clubs recording a third straight season of operating profits in excess of $800 million in the 2015-16 season.

Dan Jones, a partner in Deloitte’s Sports Business Group, said top clubs did well out of European competitio­n.

“In the 2015-16 season, the ‘big six’ clubs participat­ed in the group stages of UEFA competitio­ns and benefitted from improved UEFA broadcast-rights deals, which resulted in an increase in distributi­ons to participat­ing English clubs of around $140 million,” he said.

Deloitte forecasts “total Premier League clubs’ reve- billion

Combined revenues of the 92 Premier League and Football League clubs for the 2015-16 season

nues to rise to over $5.9 billion in 2017-18.”

Newly promoted Huddersfie­ld Town will benefit from the windfall “with clubs standing to earn a revenue uplift of at least $210 million from promotion to the Premier League, rising to over $325 million if they survive one season.”

The Premier League continues to boom after competitio­n between Sky Sports and BT drove the overall value for domestic TV rights for the 2016-19 cycle to more than $6.1 billion over three seasons.

In other findings, the review said the European soccer market was worth nearly $27 billion in the 2016-17 season, a 13 percent increase from 2014-15, with the aggregate revenues of clubs in the ‘big five’ leagues topping $15 billion, a 12 percent increase.

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