MANCHESTER: Premier League clubs enjoyed record profits and revenues in the 2016-17 season according to data released on Friday by Deloitte, who expect profitability to continue despite a decline in domestic broadcasting revenue. The combined revenues of Premier League clubs increased by nearly 1 billion pounds ($1.4 billion) to a record £4.5 billion in the 2016-17 season. The collective pre-tax profit of £0.5 billion was almost three times the previous record of £0.2 billion in 2013-14, reported Deloitte. Deloitte found that wage costs across the league rose by nine percent to £2.5 billion, a new record, but noted that growth was significantly slower than the 25 percent increase in overall revenue.
Published in Daily Times, April 21st 2018.
ISLAMABAD: In a significant move to address escalating tensions, army troops have assumed control of…
The Asian Institute of Fashion Design (AIFD), in collaboration and with the unwavering support of…
Former Pakistani cricketer Abdul Razzaq has shared the personal reasons behind the rejection of his…
Pakistani film actor-restaurateur Sikander Rizvi, grandson of legendary singer Noor Jehan, has tied the knot…
Actor Saheefa Jabbar Khattak accepts the privilege that artists have in contrast to the crew…
Pakistani director Iram Parveen Bilal this week bagged the Best Director Feature Film award at…
Leave a Comment