The Premier League clubs collectively made a loss of £205m in 2011-12 despite a £2.4bn income. How did they make the money, how much went on wages, and which is in most debt?
• Get the data
• Get the 2010/11 data
• More data journalism and data visualisations from the Guardian
The Premier League accounts are in and it's time to turn our attention to money. How are the clubs operating financially? In 2011-12, despite the 20 top-flight clubs generating a record income of £2.4bn, collectively the Premier League clubs made a loss of £205m.
Of the clubs which were in the Premier League in 2011‑12, the year of most clubs' latest published accounts, eight made a profit, of £82m in total. The largest profit was recorded by Arsenal (£37m profit before tax) followed by Swansea City with £17m profit before tax. Manchester City made the biggest loss, £99m before tax. David Conn writes today:
"The Guardian's annual special report of Premier League clubs' finances shows they spent £1.6bn on wages last season, most of it to players. The wage bill accounted for 67% of clubs' turnover, a similar level to the two previous years – wages were 68% of income in 2009-10, and 69% in 2010-11."
Manchester United recorded the highest turnover of any of the Premier League clubs in 2011-12 at £320m, while Wigan had the lowest turnover. Chelsea had the second highest turnover, with £261m.
Click on the chart above to explore turnover by club and use the drop down menu to sort by wages as a proportion of turnover.
The accounts show that Norwich City, Swansea City and Wolverhampton Wanderers were the only clubs without any debt. Roman Abramovich's club however was the most indebted with a net debt of £878m.
You can see the net debt by club in the Datawrapper chart above. Net debt is as stated in the annual accounts of each club; debts minus cash held at the bank.
In terms of value for money, Swansea's players could be seen as punching above their weight - despite having the lowest wage bill they managed to finish 11th in their first season in the Premier League. Aston Villa, on the other hand, underperformed somewhat. They had the seventh highest wage bill, but only finished 16th. Manchester City justified having the highest wage expenditure of £202m by winning the Premier League.
You can find the financial figures for 2011-12 for the 20 clubs in the downloadable spreadsheet below. The first table below is an edited table of the full accounts and only shows three of the turnover revenues; gate and matchday, TV and broadcasting and commercial. The full list including other streams of revenue can be found in the spreadsheet along with further data and information by club.
The final column in the second table below is a calculation of Premier League position 2011-12 minus wage bill 2011-12 (as ranked in the second column, from highest to lowest).
• All data was researched and compiled by sports writer, David Conn from the most recently published annual reports at Companies House. The separate categories of turnover are rounded down or up, so added together do not always tally with the total turnover figure.
Can you do anything interesting with the data?
|Team||Turnover, £m (2011-12)||Gate and Matchday income, £m||TV and Broadcasting, £m||Commercial, £m||Wage Bill, £m (2011-12)||Wages as Proportion of Turnover (%) (2011-12)||Net Debt, £m|
|Norwich City||75||11||50||14||37||49||0 (£1m net cash in the bank)|
|Queens Park Rangers||64||58||91||89|
|Swansea City||65||4||35||54||0 (£5m cash in the bank)|
|West Bromwich Albion||67||8||50||9||50||75||0.5|
|Wolverhampton Wanderers||60||8||42||5||38||63||0 (Wolves had £13m cash in the bank)|
|Team||Wage Bill, £m (2011-12)||Premier League position (2011-12)||Wage Bill, Ranked highest to lowest||League position-wage bill rank|
|Queens Park Rangers||58||17||12||-5|
|West Bromwich Albion||50||10||16||6|