England's Premier League is by far the richest and most profitable soccer league in Europe, while Roman Abramovich's Chelsea paid some 170 million euros (US$209 million) in salaries, according to a survey of the 2003-'04 season released on Wednesday.
The 20 clubs in England's top division brought in total revenues of 1.97 billion euros, British accounting firm Deloitte & Touche said in its annual financial review of soccer.
That figure made the Premiership "the biggest football league in Europe by a record margin and represents 18 percent of the total 11 billion euro European football market," the report said.
The survey covered Chelsea's first full season under the ownership of Russian oil billionaire Roman Abramovich, and it showed. Chelsea's salary bill went up 110 percent and was "almost certainly" the highest in the world for a soccer club, the survey said.
Chelsea finished runner up in 2003-'04 and went on to win the title in the season just ended for the first time in 50 years.
The league's total wage bill came to 1.2 billion euros, with Manchester United second behind Chelsea at 115 million euros.
Excluding Chelsea, the total wage bill rise for other Premier League clubs narrowly dropped from the previous season for the first time.
The 7 percent hike was the lowest rise since 1992 and well below previous "astonishing" increases.
Total revenues for Premier League clubs climbed 6 percent to 1.97 billion euros.
Revenues were equivalent to almost 100 million euros per English club and over 50 percent higher than second-place Italy's Serie A.
Manchester United came in as the top revenue generator at 256 million euros, with Chelsea second at 215 million euros.
The Premier League beat European rivals in operating profits too, bringing in a record 222 million euros and topping its only profitable rival, the German Bundesliga.
Shaquille O’Neal is staying with TNT Sports on a new contract worth more than US$15 million per year, Front Office Sports reported on Friday. The news means the cast of Inside the NBA is staying together even as TNT is set to license out the show to ESPN starting next season. TNT was the odd network out in the NBA’s recent TV rights negotiations, as NBC and Amazon joined previous rightsholder ESPN in inking deals for basketball games. That left TNT without a need for pregame and postgame NBA shows. In a trade with ESPN, TNT is licensing Inside the NBA to the
Juventus on Sunday stopped Inter from replacing SSC Napoli at the top of Serie A by beating their fierce rivals 1-0 and moving into the UEFA Champions League positions. Francisco Conceicao made sure that Napoli would stay two points ahead of reigning champions Inter by classily tucking home the winning goal 16 minutes before the end of an entertaining contest in Turin. Portugal attacker Conceicao netted his fourth goal of the season in all competitions after brilliant work from Randal Kolo Muani to give Juve a third straight league win. Juve are in fourth place on 46 points, ahead on goal-difference from SS
Eugenie Bouchard already has her own signature pickleball paddle. She is No. 17 in the pickleball rankings and constantly appears on the main court at events because she is always a big draw. However, just to be absolutely clear, she is not retired from tennis. The 2014 Wimbledon finalist still practices on the tennis court, still competes at tennis events and still has a Women’s Tennis Association ranking (No. 1,288). The Canadian standout just has a new sport that has caught her attention. Bouchard is one of several familiar tennis names — like Jack Sock and Donald Young — crossing over to
BELGIANS ADVANCE: Club Brugge gave Atalanta a lesson in efficiency, as Gian Piero Gasperini’s team had 29 efforts at goal, compared with seven from the visitors Seldom has a player’s sending off had such an influence on a game. AC Milan was to left rue Theo Hernandez’s second yellow card — for diving — as Feyenoord advanced to the UEFA Champions League last 16 at the former European champion’s expense with a 1-1 draw in the second leg of their playoff on Tuesday, giving the Dutch team a 2-1 win on aggregate. Bayern Munich, Club Brugge and Benfica also won their playoffs, eliminating Celtic, UEFA Europa League winner Atalanta BC and French team AS Monaco respectively. “In soccer everything changes in a second,” said Milan forward
RSS