- Status
Gerard_Francis
2/6d
"United owed £699m to financial institutions because the Florida-based Glazer family, who bought the club in 2005 largely with borrowed money, then loaded their own debts on to the club. In just three years to 2008, £263m has become payable by United in interest alone"
So much for sugar daddies
So much for sugar daddies
davek
Player Valuation: £150m
I'd imagine David Conn will be drawing substantially on his article from earlier in the year: Inside Sport: David Conn on the Kirkby Stadium inquiry and the future of Everton | Sport | The Guardian
The Esk
Player Valuation: £70m
The article demonstrates that just as on the field, off the field there is a "big four" - the big four debtors !
Not quite sure as to the validity of the figures though, for example Chelsea - in the text they use both the £700m figure and the later figure of £339 M after Abramovich converted half the debt into equity.
Using the larger figure the combined debt is £2.1 bn for the big 4 out of a total of £3 bn for the Premiership.
Herein lies the really interesting and most crucial point. The "big four" with the exception of Chelsea can only service and maintain debt whilst qualifying for the CL.
If we could break into the top 4, particularly removing Arsenal or Liverpool for a couple of years the effect on them may be as significant as dropping out of the premiership is for Newcastle, and Leeds formerly.
Not quite sure as to the validity of the figures though, for example Chelsea - in the text they use both the £700m figure and the later figure of £339 M after Abramovich converted half the debt into equity.
Using the larger figure the combined debt is £2.1 bn for the big 4 out of a total of £3 bn for the Premiership.
Herein lies the really interesting and most crucial point. The "big four" with the exception of Chelsea can only service and maintain debt whilst qualifying for the CL.
If we could break into the top 4, particularly removing Arsenal or Liverpool for a couple of years the effect on them may be as significant as dropping out of the premiership is for Newcastle, and Leeds formerly.
The Esk
Player Valuation: £70m
Article :
Debts are borrowings from banks, financial institutions, owners or other sources.
Arsenal
Accounts for the year to 31 May 2008
Ownership Arsenal Holdings PLC major shareholders are:
Danny Fiszman (Swiss resident) 16%
Lady Nina Bracewell-Smith 15.9%
Kroenke Sports Enterprises UK (owned by US resident Stan Kroenke): 28.3%
Red and White Holdings (owned by Russian resident Alisher Usmanov and Farhad Moshiri) 25%
Turnover £222.5m (Up from £200.1m: 11.4%)
Gate and match-day income £95m
TV and broadcasting £68m
Retail £13m
Commercial £31m
Property development £15m
Player trading £0.5m
Wage bill £101.3m (up from £89.7m: 12.9%)
Wages as proportion of turnover 45%
Profit before tax £36.7m
Debts £416m
Interest payable £26m
Highest paid director Keith Edelman: £1.056m (plus a £1.67m payoff when he resigned on 1 May 2008)
State they're in Arsenal's halo as the top club with the most enviable financial model has slipped due to the economic downturn and an unprecedented boardroom power battle. Sales of the swish apartments built on the old Highbury stadium were expected to provide Arsène Wenger with a windfall, but sales have stalled in the downturn, and Arsenal are having to extend a £133m bank loan on the development. The main £200m borrowed to build the Emirates Stadium, fixed at 5.6%, remains an excellent deal, but the finances are nevertheless a squeeze. With four directors having been ousted in two very un-Arsenal-like years of boardroom jockeying, the alliance of Danny Fiszman and Stan Kroenke maintains fragile control. However the tightness of money, coupled with a fourth place finish, leaves the board vulnerable to an apparent campaign by the Russian investor, Alisher Usmanov, to secure more control by arguing that major investment is needed.
Aston Villa
Accounts for the year to 31 May 2008
Ownership Reform Acquisitions LLC, a US company, owned ultimately by Randy Lerner (resident New York)
Turnover £75.6m (up from £37m in 10 months to 31 May 2007: 105% increase)
Gate and match-day £18.5m
TV and broadcasting £46m
Commercial £11m
Wage bill £50.4m (Up from £22.5m: 124% increase)
Wages as proportion of turnover 66.7%
Loss before tax £7.6m
Debts £73m
Interest payable £5.8m
Highest paid director Unnamed but thought to be Richard Fitzgerald: £1.04m (including a £775,000 payoff in January 2008)
State they're in Martin O'Neill lamented at the end of the season that he did not have the "wherewithal" to compete with the big four clubs, after Villa's smaller squad petered out in the spring. That was despite meaty financial backing from their US owner Randy Lerner, who invested a further £48.5m, as loans, in Villa between May 2007 and 2008. The club currently owes Lerner £75.5m. Such is the cost of trying to fund a major club to finish sixth in the Premier League.
Blackburn Rovers
Accounts for the year to 30 June 2008
Ownership The Trustees of the Jack Walker 1987 Settlement, a trust registered in Jersey (a tax haven)
Turnover £56.4m (up from £43.3m: a 30% increase)
Gate and match-day £6.2m
TV and broadcasting £41.2m
Commercial £9m
Wage bill £39.7m (up from £36.7m, an 8% increase)
Wages as proportion of turnover 70%
Profit before tax £3m
Debts £17m
Interest payable £1.5m
Highest paid director John Williams: £295,000
State they're in With Premier League survival secured, chairman John Williams will feel vindicated for having swiftly removed Paul Ince as the manager in December and appointing Sam Allardyce. Williams persuaded the club's owners, the trustees of Jack Walker's estate, to loan the club £3m last year, but they have wanted to sell for two years but no buyer has appeared. With gates and commercial income under pressure in the recession, Williams and Allardyce will have to husband resources shrewdly again next season.
Bolton Wanderers
Accounts for the year to 30 June 2008
Ownership 95% owned by Edwin Davies, via Fildraw Private Trust, believed to be in the Isle of Man, a tax haven
Turnover £59.1m (up from £51m last year: 16% increase)
Gate and match-day £6.8m
Hotel £8.7m
TV and broadcasting £34.2m
Corporate hospitality £2.4m
Merchandising £1.2m
Sponsorship and advertising £3.5m
Other football income £2.3m
Wage bill £39m (up from 30.7m in 2007, a 27% increase)
Wages as proportion of turnover 66%
Loss before tax £8.4m
Debts £52m
Interest payable £3m
Highest paid director Allan Duckworth: £376,000
State they're in With gates 11.4% down despite season ticket price reductions, losses and debts up, and Bolton one of the clubs more vulnerable to the recession, Wanderers are struggling to keep up. The club's owner, the Isle of Man-based Edwin Davies, loaned a further £4.5m, apparently at annual interest of 10%, for which the club paid a £623,000 arrangement fee. Few doubted that the chairman Phil Gartside's idea for a "Premier League Second Division" springs in part from his own fear that Bolton, at some point, are likely to face the financial horror of relegation.
Chelsea
Accounts for the year to 30 June 2008
Ownership Wholly owned by Roman Abramovich
Turnover £213.6m (up from £190.5m the previous year, a 12% increase)
Football Activities £189.8m
Hotel/Catering £8.9m
Merchandising £9.6m
Other commercial £5.3
Wage bill £149m (up from £133m in 2007, a 12% increase)
Wages as proportion of turnover 68%
Loss before tax £84.5m
Debts £701m owed to Roman Abramovich
Interest payable Nil
Highest paid director Peter Kenyon: £2m
State they're in Football's most famous interest-free loan, the funding of Chelsea by the oligarch Roman Abramovich since 2003, reached a vast £701m by June 2008. In January Chelsea said the total had been reduced to £339.8m, with the rest converted into shares. The chief executive Peter Kenyon's plan for Chelsea to be self-reliant by 2010 has been dented by £30m payouts to departing managers Jose Mourinho, Avram Grant and Luiz Felipe Scolari, and Chelsea's thumping loss was up. Chelsea's squad is ageing, and, with Abramovich's continuing subsidy, Carlo Ancelotti will need to satisfy the oligarch's hunger for success while trying to renew the squad.
Everton
Accounts for the year to 31 May 2008
Ownership Shares in the Everton Football Club Company Limited are owned by:
Bill Kenwright 25%
Jon Woods 19%
Robert Earl (resident of Florida) 23%
Turnover £76m (up from £51m the previous year, an increase of 50.1%)
Gate and match-day £20.5m
TV and broadcasting £46.6m
Other commercial activities £8.9m
Wage bill £44.5m (up from £38.4m the previous year, an increase of 16%)
Wages as proportion of turnover 59%
Profit before tax £26,000
Debts £39m
Interest payable £3.9m
Highest paid director Keith Wyness: £470,000
State they're in Two remarkable seasons for David Moyes' team, finishing fifth twice in succession, and a significantly improved financial picture, put fresh doubt on the need for Everton to move to the new stadium being controversially planned at Kirkby. The club ensured that players' wages did not gobble up the booming increase in TV money, and Everton turned over £76m, a £25m increase. Kirkby, which many fans oppose, is projected optimistically to be worth only another £6m annually, and even within the club, some may be quietly relieved if the government ultimately refuses permission for the scheme.
Fulham
Accounts for the year to 30 June 2008
Ownership Mafco Holdings Limited, a Bermuda (tax haven) company, which is owned by Mohamed Al Fayed and his family
Turnover £53.7m (up from £39.7m last year, a 35.2% increase)
Gate and match-day £9.6m
TV and broadcasting £34m
Commercial activities £4.9m
Sponsorship £3.6m
Other operating income £1.6m
Wage bill £39.3m (up from £35.2m the previous year, an 11.6% increase)
Wages as proportion of turnover 73%
Profit before tax £3.2m
Debts £197m, included £174m owed to Al Fayed
Interest payable £1.8m
Highest paid director Unnamed: £228,083
State they're in Mohamed Al Fayed continued his extravagant funding of Fulham, increasing the loans from his companies to £174m, the second highest subsidy of any club by an owner behind Chelsea's Roman Abramovich. The loans are all interest free and during the year £9.5m was written off completely. Al Fayed, resident in Monaco, has had the reward this season of Fulham's highest ever finish, and he vehemently insists he has no intention of selling.
Hull City
Accounts for the year to 31 July 2007 (accounts for 2007-08 are now overdue)
Ownership Isis Nominees, a company registered in Jersey, a tax haven
Turnover (In the Championship) £9m (down from £9.5m the previous year, a drop of 5.6%)
Wage bill £6.9m (up from £5.2m the previous year, a 33% increase)
Wages as proportion of turnover 77%
Loss before tax £2m
Debts £1m
Interest payable £52,000
State they're in These figures predate Hull's 2007-08 promotion season; the latest accounts are now overdue. The chairman, Paul Duffen, said the major shareholder, property investor Russell Bartlett, invested £6m to finance the promotion push, and Hull appear to have come up with almost no debt. The manager Phil Brown's impromptu karaoke after City scraped Premier League survival, which means around £25m extra in TV money alone next season, will have been accompanied by sighs of relief from Bartlett.
Liverpool
Accounts for the year to 31 July 2007 (accounts for 2007-08 are now overdue)
Ownership Ultimately owned (via the tax haven of Grand Cayman) by Kop Investment LLC, registered in Delaware, a low tax US state. Tom Hicks and George Gillett are equal owners of Kop Investment LLC
Turnover £159m (up from £134m the previous year, an increase of 18.6%)
Gate and Matchday n\a
TV and Broadcasting n\a
Commercial activities n\a
Visitors' Centre and Official Supporters Club n\a
Wage bill n\a
Profit before tax n\a
Debts £280m
Interest payable £21m (estimated)
State they're in Tom Hicks and George Gillett swore they were not "doing a Glazers" when they took over Liverpool in 2007 but, as it turned out, they were. Liverpool, with Anfield full and Rafael Benítez's team improving, are a major, commercially successful club but the financial position is still dominated by the loans the pair have taken out, including £185m to finance their takeover. Hicks and Gillett are understood to have put £33m in themselves to finance player signings because, after paying the interest, the club no longer generates enough money. The club was sold to the pair solely so that they would finance the new stadium, but there is no sign of that at all yet.
Manchester City
Accounts for the year to 31 May 2008
Ownership 90% owned by Sheikh Mansour bin Zayed Al Nahyan, a member of the Abu Dhabi royal family
Turnover £82.3m (up from £57m the previous year, an increase of 44%)
Gate and match-day £13.6m
TV and broadcasting £43.3m
Commercial activities £25.4m
Wage bill £54.2m (up from £36.4m the previous year, an increase of 49%)
Wages as proportion of turnover 66%
Loss before tax £32.6m
Debts £147m
Interest payable £10.7m
Highest paid director Alistair Mackintosh: £477,000
State they're in Looked to be heading over a cliff in August last year, with the owner, Thaksin Shinawatra, on the run from corruption charges in Thailand of which he was subsequently found guilty. Shinawatra's assets were frozen even before he took the club over, City's debts were mounting, the club borrowed a further £25m against the forthcoming season's TV money, then their worries were all wiped away with a wave of an oil sheikh's chequebook.
Manchester United
Accounts for the year to 30 June 2008
Ownership Malcolm Glazer and his family via Red Football Limited Parnership and Red Football General Partner Inc, both registered in the low tax State of Nevada, USA
Turnover £256.2m (from 210.1m the previous year, an increase of 22%)
Gate and match-day £101.5m
TV and broadcasting £90.7m
Commercial activities £64m
Wage bill £121.1m (up from £92.3m the previous year, an increase of 31.2%)
Wages as proportion of turnover 47%
Loss before tax £44.8m
Debts £699m
Interest payable £69m
Highest paid director David Gill: £1.739m
State it's in The still-extraordinary spectacle of the "leveraged buyout". The Glazer family bought the world's richest club in 2005, then loaded it with the costs of their own takeover, and despite the glittering success over which they have since presided, the debts have continued to mount. By 2008, a staggering £263m in interest alone had become payable, yet the capital United owe had actually grown to £699m, because some of the interest, at high rates, accumulates. These massive debts are not threatening the club financially while it remains successful, but it is painful to think of the other uses to which United's vast earnings could have been put.
Debts are borrowings from banks, financial institutions, owners or other sources.
Arsenal
Accounts for the year to 31 May 2008
Ownership Arsenal Holdings PLC major shareholders are:
Danny Fiszman (Swiss resident) 16%
Lady Nina Bracewell-Smith 15.9%
Kroenke Sports Enterprises UK (owned by US resident Stan Kroenke): 28.3%
Red and White Holdings (owned by Russian resident Alisher Usmanov and Farhad Moshiri) 25%
Turnover £222.5m (Up from £200.1m: 11.4%)
Gate and match-day income £95m
TV and broadcasting £68m
Retail £13m
Commercial £31m
Property development £15m
Player trading £0.5m
Wage bill £101.3m (up from £89.7m: 12.9%)
Wages as proportion of turnover 45%
Profit before tax £36.7m
Debts £416m
Interest payable £26m
Highest paid director Keith Edelman: £1.056m (plus a £1.67m payoff when he resigned on 1 May 2008)
State they're in Arsenal's halo as the top club with the most enviable financial model has slipped due to the economic downturn and an unprecedented boardroom power battle. Sales of the swish apartments built on the old Highbury stadium were expected to provide Arsène Wenger with a windfall, but sales have stalled in the downturn, and Arsenal are having to extend a £133m bank loan on the development. The main £200m borrowed to build the Emirates Stadium, fixed at 5.6%, remains an excellent deal, but the finances are nevertheless a squeeze. With four directors having been ousted in two very un-Arsenal-like years of boardroom jockeying, the alliance of Danny Fiszman and Stan Kroenke maintains fragile control. However the tightness of money, coupled with a fourth place finish, leaves the board vulnerable to an apparent campaign by the Russian investor, Alisher Usmanov, to secure more control by arguing that major investment is needed.
Aston Villa
Accounts for the year to 31 May 2008
Ownership Reform Acquisitions LLC, a US company, owned ultimately by Randy Lerner (resident New York)
Turnover £75.6m (up from £37m in 10 months to 31 May 2007: 105% increase)
Gate and match-day £18.5m
TV and broadcasting £46m
Commercial £11m
Wage bill £50.4m (Up from £22.5m: 124% increase)
Wages as proportion of turnover 66.7%
Loss before tax £7.6m
Debts £73m
Interest payable £5.8m
Highest paid director Unnamed but thought to be Richard Fitzgerald: £1.04m (including a £775,000 payoff in January 2008)
State they're in Martin O'Neill lamented at the end of the season that he did not have the "wherewithal" to compete with the big four clubs, after Villa's smaller squad petered out in the spring. That was despite meaty financial backing from their US owner Randy Lerner, who invested a further £48.5m, as loans, in Villa between May 2007 and 2008. The club currently owes Lerner £75.5m. Such is the cost of trying to fund a major club to finish sixth in the Premier League.
Blackburn Rovers
Accounts for the year to 30 June 2008
Ownership The Trustees of the Jack Walker 1987 Settlement, a trust registered in Jersey (a tax haven)
Turnover £56.4m (up from £43.3m: a 30% increase)
Gate and match-day £6.2m
TV and broadcasting £41.2m
Commercial £9m
Wage bill £39.7m (up from £36.7m, an 8% increase)
Wages as proportion of turnover 70%
Profit before tax £3m
Debts £17m
Interest payable £1.5m
Highest paid director John Williams: £295,000
State they're in With Premier League survival secured, chairman John Williams will feel vindicated for having swiftly removed Paul Ince as the manager in December and appointing Sam Allardyce. Williams persuaded the club's owners, the trustees of Jack Walker's estate, to loan the club £3m last year, but they have wanted to sell for two years but no buyer has appeared. With gates and commercial income under pressure in the recession, Williams and Allardyce will have to husband resources shrewdly again next season.
Bolton Wanderers
Accounts for the year to 30 June 2008
Ownership 95% owned by Edwin Davies, via Fildraw Private Trust, believed to be in the Isle of Man, a tax haven
Turnover £59.1m (up from £51m last year: 16% increase)
Gate and match-day £6.8m
Hotel £8.7m
TV and broadcasting £34.2m
Corporate hospitality £2.4m
Merchandising £1.2m
Sponsorship and advertising £3.5m
Other football income £2.3m
Wage bill £39m (up from 30.7m in 2007, a 27% increase)
Wages as proportion of turnover 66%
Loss before tax £8.4m
Debts £52m
Interest payable £3m
Highest paid director Allan Duckworth: £376,000
State they're in With gates 11.4% down despite season ticket price reductions, losses and debts up, and Bolton one of the clubs more vulnerable to the recession, Wanderers are struggling to keep up. The club's owner, the Isle of Man-based Edwin Davies, loaned a further £4.5m, apparently at annual interest of 10%, for which the club paid a £623,000 arrangement fee. Few doubted that the chairman Phil Gartside's idea for a "Premier League Second Division" springs in part from his own fear that Bolton, at some point, are likely to face the financial horror of relegation.
Chelsea
Accounts for the year to 30 June 2008
Ownership Wholly owned by Roman Abramovich
Turnover £213.6m (up from £190.5m the previous year, a 12% increase)
Football Activities £189.8m
Hotel/Catering £8.9m
Merchandising £9.6m
Other commercial £5.3
Wage bill £149m (up from £133m in 2007, a 12% increase)
Wages as proportion of turnover 68%
Loss before tax £84.5m
Debts £701m owed to Roman Abramovich
Interest payable Nil
Highest paid director Peter Kenyon: £2m
State they're in Football's most famous interest-free loan, the funding of Chelsea by the oligarch Roman Abramovich since 2003, reached a vast £701m by June 2008. In January Chelsea said the total had been reduced to £339.8m, with the rest converted into shares. The chief executive Peter Kenyon's plan for Chelsea to be self-reliant by 2010 has been dented by £30m payouts to departing managers Jose Mourinho, Avram Grant and Luiz Felipe Scolari, and Chelsea's thumping loss was up. Chelsea's squad is ageing, and, with Abramovich's continuing subsidy, Carlo Ancelotti will need to satisfy the oligarch's hunger for success while trying to renew the squad.
Everton
Accounts for the year to 31 May 2008
Ownership Shares in the Everton Football Club Company Limited are owned by:
Bill Kenwright 25%
Jon Woods 19%
Robert Earl (resident of Florida) 23%
Turnover £76m (up from £51m the previous year, an increase of 50.1%)
Gate and match-day £20.5m
TV and broadcasting £46.6m
Other commercial activities £8.9m
Wage bill £44.5m (up from £38.4m the previous year, an increase of 16%)
Wages as proportion of turnover 59%
Profit before tax £26,000
Debts £39m
Interest payable £3.9m
Highest paid director Keith Wyness: £470,000
State they're in Two remarkable seasons for David Moyes' team, finishing fifth twice in succession, and a significantly improved financial picture, put fresh doubt on the need for Everton to move to the new stadium being controversially planned at Kirkby. The club ensured that players' wages did not gobble up the booming increase in TV money, and Everton turned over £76m, a £25m increase. Kirkby, which many fans oppose, is projected optimistically to be worth only another £6m annually, and even within the club, some may be quietly relieved if the government ultimately refuses permission for the scheme.
Fulham
Accounts for the year to 30 June 2008
Ownership Mafco Holdings Limited, a Bermuda (tax haven) company, which is owned by Mohamed Al Fayed and his family
Turnover £53.7m (up from £39.7m last year, a 35.2% increase)
Gate and match-day £9.6m
TV and broadcasting £34m
Commercial activities £4.9m
Sponsorship £3.6m
Other operating income £1.6m
Wage bill £39.3m (up from £35.2m the previous year, an 11.6% increase)
Wages as proportion of turnover 73%
Profit before tax £3.2m
Debts £197m, included £174m owed to Al Fayed
Interest payable £1.8m
Highest paid director Unnamed: £228,083
State they're in Mohamed Al Fayed continued his extravagant funding of Fulham, increasing the loans from his companies to £174m, the second highest subsidy of any club by an owner behind Chelsea's Roman Abramovich. The loans are all interest free and during the year £9.5m was written off completely. Al Fayed, resident in Monaco, has had the reward this season of Fulham's highest ever finish, and he vehemently insists he has no intention of selling.
Hull City
Accounts for the year to 31 July 2007 (accounts for 2007-08 are now overdue)
Ownership Isis Nominees, a company registered in Jersey, a tax haven
Turnover (In the Championship) £9m (down from £9.5m the previous year, a drop of 5.6%)
Wage bill £6.9m (up from £5.2m the previous year, a 33% increase)
Wages as proportion of turnover 77%
Loss before tax £2m
Debts £1m
Interest payable £52,000
State they're in These figures predate Hull's 2007-08 promotion season; the latest accounts are now overdue. The chairman, Paul Duffen, said the major shareholder, property investor Russell Bartlett, invested £6m to finance the promotion push, and Hull appear to have come up with almost no debt. The manager Phil Brown's impromptu karaoke after City scraped Premier League survival, which means around £25m extra in TV money alone next season, will have been accompanied by sighs of relief from Bartlett.
Liverpool
Accounts for the year to 31 July 2007 (accounts for 2007-08 are now overdue)
Ownership Ultimately owned (via the tax haven of Grand Cayman) by Kop Investment LLC, registered in Delaware, a low tax US state. Tom Hicks and George Gillett are equal owners of Kop Investment LLC
Turnover £159m (up from £134m the previous year, an increase of 18.6%)
Gate and Matchday n\a
TV and Broadcasting n\a
Commercial activities n\a
Visitors' Centre and Official Supporters Club n\a
Wage bill n\a
Profit before tax n\a
Debts £280m
Interest payable £21m (estimated)
State they're in Tom Hicks and George Gillett swore they were not "doing a Glazers" when they took over Liverpool in 2007 but, as it turned out, they were. Liverpool, with Anfield full and Rafael Benítez's team improving, are a major, commercially successful club but the financial position is still dominated by the loans the pair have taken out, including £185m to finance their takeover. Hicks and Gillett are understood to have put £33m in themselves to finance player signings because, after paying the interest, the club no longer generates enough money. The club was sold to the pair solely so that they would finance the new stadium, but there is no sign of that at all yet.
Manchester City
Accounts for the year to 31 May 2008
Ownership 90% owned by Sheikh Mansour bin Zayed Al Nahyan, a member of the Abu Dhabi royal family
Turnover £82.3m (up from £57m the previous year, an increase of 44%)
Gate and match-day £13.6m
TV and broadcasting £43.3m
Commercial activities £25.4m
Wage bill £54.2m (up from £36.4m the previous year, an increase of 49%)
Wages as proportion of turnover 66%
Loss before tax £32.6m
Debts £147m
Interest payable £10.7m
Highest paid director Alistair Mackintosh: £477,000
State they're in Looked to be heading over a cliff in August last year, with the owner, Thaksin Shinawatra, on the run from corruption charges in Thailand of which he was subsequently found guilty. Shinawatra's assets were frozen even before he took the club over, City's debts were mounting, the club borrowed a further £25m against the forthcoming season's TV money, then their worries were all wiped away with a wave of an oil sheikh's chequebook.
Manchester United
Accounts for the year to 30 June 2008
Ownership Malcolm Glazer and his family via Red Football Limited Parnership and Red Football General Partner Inc, both registered in the low tax State of Nevada, USA
Turnover £256.2m (from 210.1m the previous year, an increase of 22%)
Gate and match-day £101.5m
TV and broadcasting £90.7m
Commercial activities £64m
Wage bill £121.1m (up from £92.3m the previous year, an increase of 31.2%)
Wages as proportion of turnover 47%
Loss before tax £44.8m
Debts £699m
Interest payable £69m
Highest paid director David Gill: £1.739m
State it's in The still-extraordinary spectacle of the "leveraged buyout". The Glazer family bought the world's richest club in 2005, then loaded it with the costs of their own takeover, and despite the glittering success over which they have since presided, the debts have continued to mount. By 2008, a staggering £263m in interest alone had become payable, yet the capital United owe had actually grown to £699m, because some of the interest, at high rates, accumulates. These massive debts are not threatening the club financially while it remains successful, but it is painful to think of the other uses to which United's vast earnings could have been put.
The Esk
Player Valuation: £70m
continued....
Middlesbrough
Accounts for the year to 31 December 2007
Ownership Steve Gibson via his company, Gibson O'Neill, of which he owns 75%
Turnover £48m (the same figure as the previous year)
Gate receipts £11.1m
Sponsorship and commercial £7.5m
TV & broadcasting £27m
Merchandising £2.4m
Wage bill £34.8m (the same as the previous year)
Wages as proportion of turnover 73%
Loss before tax £8.3m
Debts £93m
Interest payable £7.2m
Highest paid director Gibson is the sole director and does not take a salary from the football club
State they're in The debts of £93m, the result of Middlesbrough trying to punch above their weight for years, look alarming for a relegated club. Middlesbrough insiders, however, say the borrowings have been reduced since these accounts to below £30m. The owner-chairman Steve Gibson is expected to invest further, although the plan to balance the books next season by selling Stewart Downing has been ruptured by Downing's ankle injury in the penultimate game of the season.
Newcastle United
Accounts for the year to 30 June 2008
Ownership Mike Ashley via his company, St James Holdings Limited
Turnover £100.8m (up from £87m the previous year, a 16% increase)
Gate and match-day £32.3m
TV and broadcasting £41.1m
Commercial activities £27.4m
Wage bill £74.6m (up from £56.7m the previous year, a 31.6% increase)
Wages as proportion of turnover 74%
Loss before tax £34m
Debts £106.2m (£100m is owed to Mike Ashley)
Interest payable £6.6m
Highest paid director Chris Mort, paid £1.357m via his law firm, Freshfields Bruckhaus Deringer
State it's in A calamity. Mike Ashley could have been a hero. After buying the club for £134m in 2007, he repaid, with cash, around £94m of debts. Newcastle are almost debt-free, although Ashley paid the money off by lending £100m to the club himself, interest free, which has to be repaid if the ownership changes. Yet after appointments and decisions he admits himself have been awful and which led to relegation, he has not been thanked very fulsomely for his contribution. If he does not sell quickly, Ashley will need to stump up more if financial collapse is to be avoided next season.
Portsmouth
Accounts for the year to 31 May 2008
Ownership Miland Development (2004) Limited, a British Virgin Islands company, which is controlled by Alexandre Gaydamak
Turnover £70.5m (up from £40.2m the previous year, an increase of 75%)
Gate and Matchday £12m
TV and Broadcasting £51.2m
Sponsorship £4m
Retail £3.3m
Wage bill £54.7m (up from £36.9m the previous year, an increase of 48.2%)
Wages as proportion of turnover 78%
Loss before tax £17m
Debts £57.7m
Interest payable £6.6m
Highest paid director Peter Storrie: £1.2m
State they're in Pompey illustrate why every middling football club is begging for a takeover. Having overstretched to furnish Harry Redknapp with the formidable squad that won the FA Cup last season, the owner, Alexandre Gaydamak, has been hit by the recession and can no longer fund the club. Lassana Diarra and Jermain Defoe had to be sold in January to reduce bank borrowings, debts grew to around £65m, and Portsmouth were preparing to tighten belts until the chief executive, Peter Storrie, shook hands with Sulaiman Al Fahim. Fratton Park now expects it to rain oil money.
Stoke City
Accounts for the year to 31 May 2008
Ownership bet365 Group, the online gambling company which is owned by the chairman, Peter Coates, and his family
Turnover (2007-08, in the Championship) £11.2m (up from £7.9m the previous year, an increase of 41%)
Wage bill £11.9m (up from £7m the previous year, an increase of 70%)
Wages as proportion of turnover 106%
Loss before tax £5.6m
Debts £2.3m
Interest payable £49,000
Highest paid director No director was paid a salary in 2007-08
State they're in The financial picture of a club pushing for promotion from the Championship. Stoke are backed by Peter Coates and his family, who own the online gambling company, bet365. The Coates put £10m cash into the club, and supported it to make a loss and pay wages beyond the club's turnover. With the investment shrewdly managed by Tony Pulis, Stoke have the advantage of being debt-free next season when seeking to consolidate in the Premier League.
Sunderland
Accounts for the year to 31 July 2008
Ownership Announced last week that Ellis Short, who is based in Dallas, is to take over 100%
Turnover £63.6m (up from £26m the previous year, an increase of 144%)
Gate and match-day £13.6m
TV and broadcasting £35.6m
Sponsorship and royalties £8.3m
Commercial activities £6.1m
Wage bill £37.1m (up from £23.7m, an increase of 57%)
Wages as proportion of turnover 58%
Loss before tax £4.9m
Debts £69.2m
Interest payable £3.9m
Highest paid director Niall Quinn: £939,317
State they're in Apart from desperately seeking Premier League survival, the chairman Niall Quinn's consuming priority this year has been to secure the investment of the US businessman Ellis Short. The club is overspending, with £16.8m loaned from the Irish Drumaville consortium, and their fortunes have diminished in the downturn. Promotion to the Premier League brought the TV windfall, but Sunderland lost almost £5m and debts rose close to £70m. Sunderland's fanbase is also vulnerable to the recession, so Quinn was mightily pleased last week to announce that Short is to take 100% ownership and invest further.
Tottenham Hotspur
Accounts for the year to 30 June 2008
Ownership 82% owned by Enic International Limited, registered in the Bahamas, a tax haven. Chairman Daniel Levy an d family own 29.41% of Enic. The controlling owner is Joe Lewis, resident in the Bahamas.
Turnover £114.7m (up from £103.1m the previous year, an increase of 11.34%)
Gate and match-day £28.6m
TV and broadcasting £40.3m
Sponsorship and corporate hospitality £27.8m
Merchandising £9.7m
Commercial activities £8.3m
Wage bill £52.9m (up from £43.8m in 2007, an increase of 20.8%)
Wages as proportion of turnover 46%
Profit before tax £3m
Debts £65m
Interest payable £3.95m
Highest paid director Daniel Levy: £1m
State they're in Fifth highest turnover in the Premier League, but Spurs have serially failed to convert that financial power into consistent performances on the field. They can be expected to keep traditionally high-spending manager, Harry Redknapp, happy by handing him funds again this summer. In a bid to propel the club towards the top four, Spurs plan to build a new White Hart Lane with 58,000 seats with a scheme including a supermarket, hotel, leisure, retail, and 450 apartments. They declared a dividend of 4p per share last year, which meant the club paid £2.5m to Enic, the holding company owned by Daniel Levy and Joe Lewis.
West Bromwich Albion
Accounts for the year to 30 June 2008
Ownership Over 50% owned by the chairman, Jeremy Peace
Turnover (2007-08, in the Championship): £27.2m (up from £24m the previous year, an increase of 13% mainly due to increased parachute payments)
Gate and matchiday £7m
Merchandising £2.2m
TV and broadcasting £14m
Other commercial income £4m
Wage bill £21.8m (up from £17.4m the previous year, an increase of 25%)
Wages as proportion of turnover 80%
Profit before tax £11.3m
Debts £8.9m
Interest payable £91,000
Highest paid director Jeremy Peace: £625,000
State they're in This is the portrait of a former Premier League club pushing for promotion in the Championship, with the benefit of parachute payments, which increased by £4.5m during the year. West Bromwich carry little debt, have reduced ticket prices, and under Jeremy Peace's chairmanship do not gamble when they are promoted. Can be expected to be strong in the Championship next season and to yo-yo back up while still under the Premier League's parachute canopy.
West Ham United
Accounts for the year to 31 May 2007 (accounts for 2007-08 have been delayed)
Ownership Owned in Iceland, by the chairman, Bjorgulfur Gudmundsson, via two companies, Hansa ehf and Olafsfell ehf
Turnover £57m (down from £60.1m in 2006, a drop of 5.2%)
Gate and match-day £17m
TV and broadcasting £24m
Catering and corporate hospitality £5m
Commercial activities £9m
Retail and Merchandising £2m
Wage bill £44.2m (up from 31.2m in 2006, an increase of 41%)
Wages as proportion of turnover 76%
Loss before tax £22m
Debts £36m
Interest payable £2m
Highest paid director Paul Aldridge: £649,000 (Includes £521,000 for leaving West Ham on December 4 2006)
State they're in West Ham's owner, Bjorgolfur Gudmundsson, is football ownership's highest profile genuine victim of the global economic crisis, his fortune gone the way of his country, Iceland's, economy – wiped out. The club is in the hands of his holding company's controlling banks, yet they have not put pressure on the club's finances or forced a sale because West Ham is the only valuable asset in the Gudmundsson portfolio. The banks, and the Icelandic courts, have allowed it protection, so that they can maintain a decent price when they finally sell it.
Wigan Athletic
Accounts for the year to 31 May 2008
Ownership Dave Whelan and family, via Whelco Holdings, registered in the UK
Turnover £43m (up from 27m the previous year, an increase of 59.2%)
Wage bill £38.4m (up from £27.5m the previous year, an increase of 39.6%)
Wages as proportion of turnover 89%
Loss before tax £11.2m
Debts £66.4m
Interest payable £1.7m
Highest paid director Brenda Spencer, amount not declared
State they're in Wigan Athletic are where they are, in the JJB Stadium and in the Premier League, solely due to the patronage of local market trader made good, Dave Whelan. Interest free loans from his holding company were increased to £35.6m, and Wigan were given another unsecured loan of £7.5m assumed to have come from Whelan. Barclays Bank maintained their funding at £23m because of Whelan's backing. The accounts make it clear that Wigan, who expect to continue to make losses, would not be solvent without Whelan's financial backing.
Middlesbrough
Accounts for the year to 31 December 2007
Ownership Steve Gibson via his company, Gibson O'Neill, of which he owns 75%
Turnover £48m (the same figure as the previous year)
Gate receipts £11.1m
Sponsorship and commercial £7.5m
TV & broadcasting £27m
Merchandising £2.4m
Wage bill £34.8m (the same as the previous year)
Wages as proportion of turnover 73%
Loss before tax £8.3m
Debts £93m
Interest payable £7.2m
Highest paid director Gibson is the sole director and does not take a salary from the football club
State they're in The debts of £93m, the result of Middlesbrough trying to punch above their weight for years, look alarming for a relegated club. Middlesbrough insiders, however, say the borrowings have been reduced since these accounts to below £30m. The owner-chairman Steve Gibson is expected to invest further, although the plan to balance the books next season by selling Stewart Downing has been ruptured by Downing's ankle injury in the penultimate game of the season.
Newcastle United
Accounts for the year to 30 June 2008
Ownership Mike Ashley via his company, St James Holdings Limited
Turnover £100.8m (up from £87m the previous year, a 16% increase)
Gate and match-day £32.3m
TV and broadcasting £41.1m
Commercial activities £27.4m
Wage bill £74.6m (up from £56.7m the previous year, a 31.6% increase)
Wages as proportion of turnover 74%
Loss before tax £34m
Debts £106.2m (£100m is owed to Mike Ashley)
Interest payable £6.6m
Highest paid director Chris Mort, paid £1.357m via his law firm, Freshfields Bruckhaus Deringer
State it's in A calamity. Mike Ashley could have been a hero. After buying the club for £134m in 2007, he repaid, with cash, around £94m of debts. Newcastle are almost debt-free, although Ashley paid the money off by lending £100m to the club himself, interest free, which has to be repaid if the ownership changes. Yet after appointments and decisions he admits himself have been awful and which led to relegation, he has not been thanked very fulsomely for his contribution. If he does not sell quickly, Ashley will need to stump up more if financial collapse is to be avoided next season.
Portsmouth
Accounts for the year to 31 May 2008
Ownership Miland Development (2004) Limited, a British Virgin Islands company, which is controlled by Alexandre Gaydamak
Turnover £70.5m (up from £40.2m the previous year, an increase of 75%)
Gate and Matchday £12m
TV and Broadcasting £51.2m
Sponsorship £4m
Retail £3.3m
Wage bill £54.7m (up from £36.9m the previous year, an increase of 48.2%)
Wages as proportion of turnover 78%
Loss before tax £17m
Debts £57.7m
Interest payable £6.6m
Highest paid director Peter Storrie: £1.2m
State they're in Pompey illustrate why every middling football club is begging for a takeover. Having overstretched to furnish Harry Redknapp with the formidable squad that won the FA Cup last season, the owner, Alexandre Gaydamak, has been hit by the recession and can no longer fund the club. Lassana Diarra and Jermain Defoe had to be sold in January to reduce bank borrowings, debts grew to around £65m, and Portsmouth were preparing to tighten belts until the chief executive, Peter Storrie, shook hands with Sulaiman Al Fahim. Fratton Park now expects it to rain oil money.
Stoke City
Accounts for the year to 31 May 2008
Ownership bet365 Group, the online gambling company which is owned by the chairman, Peter Coates, and his family
Turnover (2007-08, in the Championship) £11.2m (up from £7.9m the previous year, an increase of 41%)
Wage bill £11.9m (up from £7m the previous year, an increase of 70%)
Wages as proportion of turnover 106%
Loss before tax £5.6m
Debts £2.3m
Interest payable £49,000
Highest paid director No director was paid a salary in 2007-08
State they're in The financial picture of a club pushing for promotion from the Championship. Stoke are backed by Peter Coates and his family, who own the online gambling company, bet365. The Coates put £10m cash into the club, and supported it to make a loss and pay wages beyond the club's turnover. With the investment shrewdly managed by Tony Pulis, Stoke have the advantage of being debt-free next season when seeking to consolidate in the Premier League.
Sunderland
Accounts for the year to 31 July 2008
Ownership Announced last week that Ellis Short, who is based in Dallas, is to take over 100%
Turnover £63.6m (up from £26m the previous year, an increase of 144%)
Gate and match-day £13.6m
TV and broadcasting £35.6m
Sponsorship and royalties £8.3m
Commercial activities £6.1m
Wage bill £37.1m (up from £23.7m, an increase of 57%)
Wages as proportion of turnover 58%
Loss before tax £4.9m
Debts £69.2m
Interest payable £3.9m
Highest paid director Niall Quinn: £939,317
State they're in Apart from desperately seeking Premier League survival, the chairman Niall Quinn's consuming priority this year has been to secure the investment of the US businessman Ellis Short. The club is overspending, with £16.8m loaned from the Irish Drumaville consortium, and their fortunes have diminished in the downturn. Promotion to the Premier League brought the TV windfall, but Sunderland lost almost £5m and debts rose close to £70m. Sunderland's fanbase is also vulnerable to the recession, so Quinn was mightily pleased last week to announce that Short is to take 100% ownership and invest further.
Tottenham Hotspur
Accounts for the year to 30 June 2008
Ownership 82% owned by Enic International Limited, registered in the Bahamas, a tax haven. Chairman Daniel Levy an d family own 29.41% of Enic. The controlling owner is Joe Lewis, resident in the Bahamas.
Turnover £114.7m (up from £103.1m the previous year, an increase of 11.34%)
Gate and match-day £28.6m
TV and broadcasting £40.3m
Sponsorship and corporate hospitality £27.8m
Merchandising £9.7m
Commercial activities £8.3m
Wage bill £52.9m (up from £43.8m in 2007, an increase of 20.8%)
Wages as proportion of turnover 46%
Profit before tax £3m
Debts £65m
Interest payable £3.95m
Highest paid director Daniel Levy: £1m
State they're in Fifth highest turnover in the Premier League, but Spurs have serially failed to convert that financial power into consistent performances on the field. They can be expected to keep traditionally high-spending manager, Harry Redknapp, happy by handing him funds again this summer. In a bid to propel the club towards the top four, Spurs plan to build a new White Hart Lane with 58,000 seats with a scheme including a supermarket, hotel, leisure, retail, and 450 apartments. They declared a dividend of 4p per share last year, which meant the club paid £2.5m to Enic, the holding company owned by Daniel Levy and Joe Lewis.
West Bromwich Albion
Accounts for the year to 30 June 2008
Ownership Over 50% owned by the chairman, Jeremy Peace
Turnover (2007-08, in the Championship): £27.2m (up from £24m the previous year, an increase of 13% mainly due to increased parachute payments)
Gate and matchiday £7m
Merchandising £2.2m
TV and broadcasting £14m
Other commercial income £4m
Wage bill £21.8m (up from £17.4m the previous year, an increase of 25%)
Wages as proportion of turnover 80%
Profit before tax £11.3m
Debts £8.9m
Interest payable £91,000
Highest paid director Jeremy Peace: £625,000
State they're in This is the portrait of a former Premier League club pushing for promotion in the Championship, with the benefit of parachute payments, which increased by £4.5m during the year. West Bromwich carry little debt, have reduced ticket prices, and under Jeremy Peace's chairmanship do not gamble when they are promoted. Can be expected to be strong in the Championship next season and to yo-yo back up while still under the Premier League's parachute canopy.
West Ham United
Accounts for the year to 31 May 2007 (accounts for 2007-08 have been delayed)
Ownership Owned in Iceland, by the chairman, Bjorgulfur Gudmundsson, via two companies, Hansa ehf and Olafsfell ehf
Turnover £57m (down from £60.1m in 2006, a drop of 5.2%)
Gate and match-day £17m
TV and broadcasting £24m
Catering and corporate hospitality £5m
Commercial activities £9m
Retail and Merchandising £2m
Wage bill £44.2m (up from 31.2m in 2006, an increase of 41%)
Wages as proportion of turnover 76%
Loss before tax £22m
Debts £36m
Interest payable £2m
Highest paid director Paul Aldridge: £649,000 (Includes £521,000 for leaving West Ham on December 4 2006)
State they're in West Ham's owner, Bjorgolfur Gudmundsson, is football ownership's highest profile genuine victim of the global economic crisis, his fortune gone the way of his country, Iceland's, economy – wiped out. The club is in the hands of his holding company's controlling banks, yet they have not put pressure on the club's finances or forced a sale because West Ham is the only valuable asset in the Gudmundsson portfolio. The banks, and the Icelandic courts, have allowed it protection, so that they can maintain a decent price when they finally sell it.
Wigan Athletic
Accounts for the year to 31 May 2008
Ownership Dave Whelan and family, via Whelco Holdings, registered in the UK
Turnover £43m (up from 27m the previous year, an increase of 59.2%)
Wage bill £38.4m (up from £27.5m the previous year, an increase of 39.6%)
Wages as proportion of turnover 89%
Loss before tax £11.2m
Debts £66.4m
Interest payable £1.7m
Highest paid director Brenda Spencer, amount not declared
State they're in Wigan Athletic are where they are, in the JJB Stadium and in the Premier League, solely due to the patronage of local market trader made good, Dave Whelan. Interest free loans from his holding company were increased to £35.6m, and Wigan were given another unsecured loan of £7.5m assumed to have come from Whelan. Barclays Bank maintained their funding at £23m because of Whelan's backing. The accounts make it clear that Wigan, who expect to continue to make losses, would not be solvent without Whelan's financial backing.
Everton
Accounts for the year to 31 May 2008
Ownership Shares in the Everton Football Club Company Limited are owned by:
Bill Kenwright 25%
Jon Woods 19%
Robert Earl (resident of Florida) 23%
Turnover £76m (up from £51m the previous year, an increase of 50.1%)
Gate and match-day £20.5m
TV and broadcasting £46.6m
Other commercial activities £8.9m
Wage bill £44.5m (up from £38.4m the previous year, an increase of 16%)
Wages as proportion of turnover 59%
Profit before tax £26,000
Debts £39m
Interest payable £3.9m
Highest paid director Keith Wyness: £470,000
State they're in Two remarkable seasons for David Moyes' team, finishing fifth twice in succession, and a significantly improved financial picture, put fresh doubt on the need for Everton to move to the new stadium being controversially planned at Kirkby. The club ensured that players' wages did not gobble up the booming increase in TV money, and Everton turned over £76m, a £25m increase. Kirkby, which many fans oppose, is projected optimistically to be worth only another £6m annually, and even within the club, some may be quietly relieved if the government ultimately refuses permission for the scheme.
Just for a focal point in the future.
Accounts for the year to 31 May 2008
Ownership Shares in the Everton Football Club Company Limited are owned by:
Bill Kenwright 25%
Jon Woods 19%
Robert Earl (resident of Florida) 23%
Turnover £76m (up from £51m the previous year, an increase of 50.1%)
Gate and match-day £20.5m
TV and broadcasting £46.6m
Other commercial activities £8.9m
Wage bill £44.5m (up from £38.4m the previous year, an increase of 16%)
Wages as proportion of turnover 59%
Profit before tax £26,000
Debts £39m
Interest payable £3.9m
Highest paid director Keith Wyness: £470,000
State they're in Two remarkable seasons for David Moyes' team, finishing fifth twice in succession, and a significantly improved financial picture, put fresh doubt on the need for Everton to move to the new stadium being controversially planned at Kirkby. The club ensured that players' wages did not gobble up the booming increase in TV money, and Everton turned over £76m, a £25m increase. Kirkby, which many fans oppose, is projected optimistically to be worth only another £6m annually, and even within the club, some may be quietly relieved if the government ultimately refuses permission for the scheme.
Just for a focal point in the future.
Well yes we are.
Profit before tax £26,000
Thats the figure we need to look at. Thats basically our transfer budget. We cant borrow anymore money and the board either wont give us any money or dont have any money. The problem is, the other major shareholders have cash, but arent willing to give us it. Kenwrong is skint, I think hes give us all he can.
Clearly other clubs are way worse off than us in terms of balance sheets, but they have a board that is willing to put money in.
We are basically juggling our money.
davek
Player Valuation: £150m
I'm not sure of the debt figures posted there. Net debt is quoted (which the club got down to below £20M with Rooney's sale and have allowed to almost double again since) but other figures for the real debt are way higher: I've read between £58M and £65M in the past 12 months. I take it, and I'm probably talking out of my arse here because I'm no accountant, this has to do with the amount the club can run up in overdraft facility?
It's my understanding total debt has risen from £19M when TBH took control from Johnson to just shy of £60M now. In which time the club has sold it's star player, used season ticket sales for the forseeable to get a one off lump sum, and sold off bits and pieces of property they've owned. From that they've furnished Moyes with a net spending sum of £30+M for the 7 years he's been here.
It's my understanding total debt has risen from £19M when TBH took control from Johnson to just shy of £60M now. In which time the club has sold it's star player, used season ticket sales for the forseeable to get a one off lump sum, and sold off bits and pieces of property they've owned. From that they've furnished Moyes with a net spending sum of £30+M for the 7 years he's been here.
Philw
Player Valuation: £50m
Well not exactly I don't think. There are plenty of figures left out of that article that make up the difference between our turnover and profit, aside from wages given there. Obviously there's interest on our debts, dunno if the wages quoted is for playing staff only, if so the rest needs to be accounted for. General runnign costs and maintanence etc.
But the +ve thing is that turnover increased 50% while wages only imcreased 16%. If we can maintain a similar ratio this year then that should provide the club with more 'disposable' funds. Whether they get put back into the sqaud, use to pay off debts, ploughed into Kirkby, or just 'disappear' I don't know.
Well yes, its clearly not as simple as I put it, I was just breaking it down for the sake of arguement, we have incomings and outgoings that are clearly not listed in that rough spreadsheet.
Im fairly sure we are still paying for Yakubu and will shall be paying for Fellaini for the next 3-4 years also.
Im fairly sure we are still paying for Yakubu and will shall be paying for Fellaini for the next 3-4 years also.
Philw
Player Valuation: £50m
True, it's a shame that the waters of football finances have such murky depths. I don't think anyone of us can really have a true view of them. Most people who would give us some insight either don't have all the information (see article above) or are unwilling to provide it 
SuitsBlueX2
Player Valuation: £8m
This is fascinating.
Arsenal:
Wage bill £101.3m (up from £89.7m: 12.9%)
Wages as proportion of turnover 45%
Villa:
Wage bill £50.4m (Up from £22.5m: 124% increase)
Wages as proportion of turnover 66.7%
Blackburn:
Wage bill £39.7m (up from £36.7m, an 8% increase)
Wages as proportion of turnover 70%
Bolton:
Wage bill £39m (up from 30.7m in 2007, a 27% increase)
Wages as proportion of turnover 66%
Everton:
Wage bill £44.5m (up from £38.4m the previous year, an increase of 16%)
Wages as proportion of turnover 59%
Fulham:
Wage bill £39.3m (up from £35.2m the previous year, an 11.6% increase)
Wages as proportion of turnover 73%
Hull:
Wage bill £6.9m (up from £5.2m the previous year, a 33% increase)
Wages as proportion of turnover 77%
ManCity:
Wage bill £54.2m (up from £36.4m the previous year, an increase of 49%)
Wages as proportion of turnover 66%
ManU:
Wage bill £121.1m (up from £92.3m the previous year, an increase of 31.2%)
Wages as proportion of turnover 47%
Boro:
Wage bill £34.8m (the same as the previous year)
Wages as proportion of turnover 73%
Newcastle:
Wage bill £74.6m (up from £56.7m the previous year, a 31.6% increase)
Wages as proportion of turnover 74%
Pompey:
Wage bill £54.7m (up from £36.9m the previous year, an increase of 48.2%)
Wages as proportion of turnover 78%
Stoke:
Wage bill £11.9m (up from £7m the previous year, an increase of 70%)
Wages as proportion of turnover 106%
Sunderland:
Wage bill £37.1m (up from £23.7m, an increase of 57%)
Wages as proportion of turnover 58%
Spurs:
Wage bill £52.9m (up from £43.8m in 2007, an increase of 20.8%)
Wages as proportion of turnover 46%
WestBrom:
Wage bill £21.8m (up from £17.4m the previous year, an increase of 25%)
Wages as proportion of turnover 80%
WestHam:
Wage bill £44.2m (up from 31.2m in 2006, an increase of 41%)
Wages as proportion of turnover 76%
Wigan:
Wage bill £38.4m (up from £27.5m the previous year, an increase of 39.6%)
Wages as proportion of turnover 89%
Arsenal:
Wage bill £101.3m (up from £89.7m: 12.9%)
Wages as proportion of turnover 45%
Villa:
Wage bill £50.4m (Up from £22.5m: 124% increase)
Wages as proportion of turnover 66.7%
Blackburn:
Wage bill £39.7m (up from £36.7m, an 8% increase)
Wages as proportion of turnover 70%
Bolton:
Wage bill £39m (up from 30.7m in 2007, a 27% increase)
Wages as proportion of turnover 66%
Everton:
Wage bill £44.5m (up from £38.4m the previous year, an increase of 16%)
Wages as proportion of turnover 59%
Fulham:
Wage bill £39.3m (up from £35.2m the previous year, an 11.6% increase)
Wages as proportion of turnover 73%
Hull:
Wage bill £6.9m (up from £5.2m the previous year, a 33% increase)
Wages as proportion of turnover 77%
ManCity:
Wage bill £54.2m (up from £36.4m the previous year, an increase of 49%)
Wages as proportion of turnover 66%
ManU:
Wage bill £121.1m (up from £92.3m the previous year, an increase of 31.2%)
Wages as proportion of turnover 47%
Boro:
Wage bill £34.8m (the same as the previous year)
Wages as proportion of turnover 73%
Newcastle:
Wage bill £74.6m (up from £56.7m the previous year, a 31.6% increase)
Wages as proportion of turnover 74%
Pompey:
Wage bill £54.7m (up from £36.9m the previous year, an increase of 48.2%)
Wages as proportion of turnover 78%
Stoke:
Wage bill £11.9m (up from £7m the previous year, an increase of 70%)
Wages as proportion of turnover 106%
Sunderland:
Wage bill £37.1m (up from £23.7m, an increase of 57%)
Wages as proportion of turnover 58%
Spurs:
Wage bill £52.9m (up from £43.8m in 2007, an increase of 20.8%)
Wages as proportion of turnover 46%
WestBrom:
Wage bill £21.8m (up from £17.4m the previous year, an increase of 25%)
Wages as proportion of turnover 80%
WestHam:
Wage bill £44.2m (up from 31.2m in 2006, an increase of 41%)
Wages as proportion of turnover 76%
Wigan:
Wage bill £38.4m (up from £27.5m the previous year, an increase of 39.6%)
Wages as proportion of turnover 89%
- Status
