Well this is very interesting study into the spending of each Premier League club since the new League was formed, and Arsenal are only one of three clubs to have spent over 2 billion GBP on wages since 2002,
The interesting thing I found though was that in the last 5 years, we are the 4th biggest, obviously behind Man City, Chelsea and Man United, but the most depressing figure is that the Spuds spend about half our figures! So does spending on wages have a direct effect on League position?
Anyway here is the full report….
MONEY WELL SPENT? Premier League wage bills since 1992 revealed
- Analysis of 26 years’ worth of financial data reveals the biggest spending clubs in Premier League history.
- Over £24 BILLION has been spent on player wages by Premier League clubs since the formation of the league back in 1992.
- Chelsea are the biggest all-time spenders, shelling out more on player wages than Tottenham and Everton COMBINED.
It’s a common joke that football only started with the creation of the Premier League, but how has football and the money spent on it changed since the Premier League began, back in 1992?
The data analysts at BetVictor have analysed the wage bills of every club that has played in England’s top flight and can reveal that Chelsea are the all-time biggest spenders on player wages in Premier League History.
Since the 1992/1993 season, Chelsea has spent a staggering £2,673,817,668.00 on player salaries in their quest for Premier League glory. Given the fact that £24.5 billion has been spent on player wages by all clubs in the history of the Premier League, Chelsea Football Club therefore accounts for 10.9% of all the money spent on player wages since the Premier League began.
Manchester United came second on the all-time wage spenders table, burning their way through £2,486,291,000.00, followed by Arsenal in third (£2.05bn) and Liverpool in fourth (2.009bn).
Newcastle fans will be pleased to see their side feature in the top half of the table for a change: The Magpies placed ninth in the all-time spenders table, spending just £2million less than Everton on player salaries since the start of the league.
Having been relegated twice and not featuring in the debut season of the English Premier League (EPL) – meaning three years of Premier League player wages cannot be counted – Newcastle’s on pitch woes would appear to be due to poor recruitment and club management, rather than a lack of spending on player salaries.
The table below details the top 10 all-time spenders in Premier League history:
|Team Name||Money Spent on Player Wages||Premier League Titles Won*|
*up until the 2016/17 based on the annual publication of club financial figures.
What is the average wage bill per position?
Taking the average of the most recent five seasons (2012/13 – 2016/17) for financial accuracy, Premier League clubs need to shell out a minimum of £181 million per year on player salaries for any hope of qualifying for the Champions League (by finishing in the top four places).
For those with hopes of winning the Premier League, the average wage bill for first place is a mammoth £205,086,250.00** rising steadily each year.
For those short of financial resources and worrying about relegation, the average wage bill of clubs finishing in the relegation zone is £61,961,965.47.
The good news is that you can spend less and avoid the drop – the average wage bill of clubs finishing in 16th position was a mere £60,188,319.20: proof that throwing money at the problem doesn’t always work.
To view the full dataset, with even more statistics such as how much each team spends per win, breakdown of player wages by club by year and more, please visit: