Chelsea back on top of the Premier League WAGE table
Chelsea has claimed the top spot of Premier League table, for paying highest wages to players.
Chelsea managed to win the Premier League with the highest-paid players in the top flight of English football having overtaken both Manchester United and Manchester City last term.
The 2014-15 figures, which are now available on Companies House, reveal that Chelsea are the highest payers in the Premier League once again after losing the top spot to Manchester City in the 2011-12 campaign.
The West Londers, owned by Russian billionaire Roman Abramovich, has revealed a total wage bill for last season that eventually rose to £215.6milion, a stunning £25million rise up.
In the 2014 summer, Chelsea signed big earners like Cesc Fabregas, Diego Costa, Didier Drogba, Felipe Luis and Loic Remy.
The salary bill for their arch rivals last season, Manchester United reportedly £203million, while Manchester City at £193.5million and Arsenal spending £192.2million on wages as they were busy to tie down most of their senior stars to lucrative new deals. Both Manchester clubs saw a drop in overall wages last season.
Chelsea however made an announcement back in November that the club had made a net loss of £23.1million compared to the turnover of £314.3million, a £5.1million down, but clarified they were well within the boundaries to comply with UEFA’s financial fair play regulations.
The full annual figures now reveal that the Blues made a £42million profit on players transfers, by selling Romelu Lukaku, Andre Schurrle and Ryan Bertrand; despite signing Cesc Fabregas and Diego Costa. In the 2013-14 season also Chelsea enjoyed a £65million profit in player trading.
The accounts also claim that Abramovich increased the funding of Chelsea through the club’s parent company with a £46.7million last term, and £57.1million the year before. The accounts state: “However… part of the debt has been converted into equity during the year via the allotment of ordinary shares.”
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