The Chelsea team at the end of the 2024 financial year was the most expensive ever assembled, according to a new UEFA report.
The large expenditure of Blues was worth an amazing € 1.66 billion (£ 1.39 billion) and overshadowed the previous highest by Real Madrid in 2020 (£ 1.12 billion).
UEFA's European Club Finance and Investment Landscape Report, published on Thursday, found that four clubs had squadrons worth € 1 billion or more in 2024 – Chelsea, Manchester City, Manchester United and Arsenal.
The financial power of the Premier League was underlined by the fact that nine of the 20 most expensive squadrons were collected in England in 2024, with West Ham cost more than that of Barcelona or AC Milan.
There were also nine English clubs in the top 20 in Europe based on the size of their total wage account.
Manchester City was in second place at € 554 million (£ 464.5 million), behind only Paris Saint-Germain at € 658 million (£ 551.7 million).
Among the top 20 clubs, the report showed that the share of income was included by wages varied from 42 percent in Tottenham to 91 percent in Aston Villa.
The player's wage growth was 4.5 percent under the early reporting clubs for 2024 compared to 2023 – considerably under revenue growth – because teams work on the cost rules of UEFAs Squadron, which will limit the expenditure for players, transfer and agent costs to 70 percent of the turnover from next season.
A strong increase in the wage of technical and administrative staff turned out to be eating in the operational margins of clubs.
In 2023, they increased by 19 percent throughout Europe, reported with double figures wage growth in 16 of the 20 competitions investigated in the report.
UEFA President Aleksander Ceferin said in the preface of the report: “Although most clubs seem to manage the player's wage, the responsible costs, other costs quickly, rise more pressure on the operational margins than ever before.
“The clubs must remain vigilant, because considerable work still has to be done to restore pre-building profitability.”
Investment in Stadiums in all clubs reached a record high in 2023 to € 2.1 billion (£ 1.8 billion), with the surplus record of € 1.5 billion in the pre-Pandemic Year of 2019, because clubs throughout Europe want to maximize income from the competition day.
Four clubs invested more than € 100 million in 2023 – Real Madrid, Barcelona, Everton and PSG – but there was also an increase in the volume of investments with 36 clubs that invest at least € 10 million compared to 18 clubs the previous year.
The report showed that these long -term investments seem to have continued until the 2024 season, with record investment levels at clubs in the early report.
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