The English Premier League recorded their highest ever income all-time, but still managed to post a loss of £445m for the 2010-11 season. The English Premier League, which consists of the top 20 English football clubs in the market, saw their incomes increase to more than £2 billion.
According to a report by Deloitte consulting, they generated £2.03bn last year because of the increase in the broadcasting money to more than a billion pounds. Unfortunately for them though, losses increase by a whopping 60 + percent and 16 of the EPL clubs notched up losses.
Arsenal was the only big club which was in the green, apart from Birmingham City, Wolves and Burnley.
If one were to compare the revenue figures of the EPL with some of the rest in the world, they are far ahead. The German league generates income of £1.4bn, while the Spanish La Liga, and the Italian Serie A are at £1.3bn.
One of the major reasons for this escalating cost is the increase in player salaries. As much as £1.4bn were spent on player salaries, that was five percent more than the previous season. It is interesting to note that financial fair play will be used by the EPL from the 2012-12 season.
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