How did Arsenal fare as Premier League clubs made record revenues and profits in 2013-14
Deloitte’s new report reveals that English Premier League clubs made record revenues and profits in 2013-14, as increased TV monies and Financial Fair Play rules took effect.
The report says combined revenues of the clubs rose by 29% to £3.26bn, with pre-tax profits of £187m.
Revenues were more than in Spain and Italy’s top divisions combined.
The Premier League also generated in excess of £1bn more in revenues than its nearest rival, Germany’s Bundesliga.
Premier League Finances 2013/14 – key statistics from Deloitte report
- Club revenues ranged from £433m (Manchester United) to £83m (Cardiff City)
- Combined broadcast revenue up by 48%
- Commercial revenue rose by £135m to £884m
- Matchday revenues increased by 5% to £616m
- Net debt was down by 6% to £2.4bn
- Club wage bills increased by 7%
- 19 of the 20 clubs made an operating profit
- 14 of the 20 made a pre-tax profit
- The first season since 2004/05 in which no new stadiums opened
- Man City led capital spending – £94m on the Etihad and its football academy
- Total owner investment at both Chelsea and Man City topped £1bn at each since their respective takeovers
The financial figures for Arsenal in 2013-14 are set out below. All details from the published annual reports at Companies House.
Turnover 4th highest in league, £304m (up from £283m in 2013)
Gate and matchday income £100m
TV and broadcasting £121m
Property development £3m
Player trading £0.5m
Wage bill 4th highest, £166m (up from £154m)
Wages as proportion of turnover 55%
Profit before tax £5m (down from £7m)
Net debt £33m
Interest payable £14m
Highest-paid director Ivan Gazidis £2.191m