Premier League clubs’ pre-tax profits fall 37% as wage costs reach £2bn https://t.co/wOd79RD4V0
Premier League clubs' pre-tax profits fall 37% as wage costs reach £2bn
The aggregate pre-tax profits of English Premier League clubs fell nearly 37% last season due to a spike in wages, according to Deloitte. Pre-tax profits for the 2014-15 season went down to around £120m ($169.8m) from £190m in 2013-14, Deloitte said, as wage costs rose 6% to a record £2bn.