Newsletter

Get your daily update and weekly newsletter by signing up today!

Opinion

Championship clubs spending 100% (or more) of turnover on wages – New astonishing figures

4 years ago
Share

Stats published on Monday morning show some astonishing figures for Championship wage bills.

Last (2015/16) season Newcastle United had a wage bill of £74.7m in the Premier League.

This represented 59.4% of the total turnover.

With the ever increasing riches flowing into the Premier League, the average percentage ratio of wages to turnover had decreased across the board.

In the Championship though it is a very different story.

With a pittance coming from TV deals, clubs are forced to rely on the traditional incomes of matchday revenue, sponsorship, flogging replica shirts and so on.

The excellent Swiss Ramble (a Swiss based English bloke who collates information and writes great pieces on the business of football) has published a table showing the wages to ratio turnover of all Championship clubs (apart form Bolton where no figures available yet) from the 2015/16 season.

As you can see, an incredible 15 of the 23 clubs paid out at least 100% of their turnover on wages.

Nottingham Forest and Brentford the very worst on 166%, meaning they spent a figure on wages equal to all of their turnover, plus another two third of that amount on top.

It is a depressing picture for the long-term health of these clubs below the top tier, as unless they escape into the Premier League, there seems little prospect of bringing the figures down to manageable levels.

Share

If you would like to feature on The Mag, submit your article to [email protected]

Have your say

© 2021 The Mag. All Rights Reserved. Design & Build by Mediaworks