The financial figures from the 2013-14 Premier League campaign have been revealed by the Guardian, and there are few surprises on which clubs top the highest turnovers for the season.
Notably, Tottenham Hotspur boast the highest ever profit by an English club, as they prepare for their new stadium.
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Take a look below at a breakdown of the financial figures from the Premier League clubs in the 2013-14 season…
1. Manchester United
Turnover £433m
Profit before tax £41m
The Red Devils were coming to terms with the retirement of Sir Alex Ferguson, which hit the Premier League giants harder than possibly expected. Nonetheless, the club continue to rake in an incredible income.
2. Manchester City
Turnover £347m
Loss before tax £23m
The Premier League champions reduced their wage bill by £28m, as they aimed to make amends on their financial health – following a £16m fine for breaching Financial Fair Play rules – as a result of losing £151m in the two previous campaigns.
3. Chelsea
Turnover £324m
Profit before tax £15m
The Blues have done excellent transfer business over the past two seasons – selling David Luiz and Juan Mata for a combined £87.1m – and bringing in Nemanja Matic, Diego Costa and Cesc Fabregas who look to have fired Chelsea to their first Premier League title in five years.
A successful season financially for the Stamford Bridge outfit – despite Roman Abramovic increasing his loans to £57m – making it a staggering £1.041bn that the Russian businessman has pumped into the club.
4. Arsenal
Turnover £304m
Profit before tax £5m
The Gunners continue to handle the debt from the Emirates, and have slowly began to show signs that they are finally willing to invest on the pitch, particularly through the £42.5m purchase of Mesut Ozil.
5. Liverpool
Turnover £256m
Profit before tax £1m
The Reds were in the midst of a transitionary period under manager Brendan Rodgers, and their final position as second in the league proved the club were heading in the right direction. Though Liverpool haven’t carried the form into the following campaign.
6. Tottenham Hotspur
Turnover £181m
Profit before tax £80m
The financial health at White Hart Lane is to prepare the club for their new stadium – and they have certainly done that, as the £80m profit is the highest ever figure recorded by an English club.
7. Newcastle United
Turnover £130m
Profit before tax £19m
With such figures, and such a disappointing season from the Magpies, Newcastle fans will certainly be hoping that Mike Ashley puts aside a sizeable amount in the summer transfer kitty.
8. Everton
Turnover £121m
Profit before tax £28m
Roberto Martinez proved in the 2013-14 season that high wages isn’t key to success, as they finished above Manchester United. The selling of Marouane Fellaini to the Red Devils for £27.5m was an excellent piece of business from the Toffees. Though they have stuttered tremendously this season.
9. Aston Villa
Turnover £117m
Loss before tax £4m
Randy Lerner sold the club in the 2013-14 season, and the club still awaiting a buyer – but their form under Tim Sherwood, they will be hoping, could attract some interest.
10. West Ham United
Turnover £115m
Profit before tax £10m
Like Tottenham, the Hammers are readying themselves for a move to a new stadium – and a stunning one at that: the Olympic Stadium, which they will be moving to in 2016. However, West Ham have had to pay just £15m for a £600m arena, with the rest coming from public funding.
11. Southampton
Turnover £106m
Profit before tax £29m
The Saints looked to be in trouble when chairman Nicola Cortese resigned in the middle of the season in January, but it didn’t damage their campaign. Despite selling a plethora of first-team stars, including Adam Lallana and Luke Shaw, they haven’t continued to improve this term.
12. Sunderland
Turnover £104m
Loss before tax £17m
The Black Cats will have to again pull off another miracle to avoid relegation, and, if they do fall, will be leaving the Premier League with considerable financial concerns. The club certainly seem to be heading in a downward spiral.
13. Swansea City
Turnover £98m
Profit before tax £1m
The Swans have adapted superbly to England’s top flight, and the club’s hierarchy, including chairman Huw Jenkins, have been quick to reward themselves for their status with wage increases and bonuses. Jenkins enjoyed a £300,000 wage rise.
14. Stoke City
Turnover £98m
Profit before tax £4m
With a chairman, Peter Coates, who supports Financial Fair Play, he had no interest in using the TV rights to increase his players’ wages – and the club’s financial status remains healthy.
15. Norwich City
Turnover £94m
Profit before tax £9m
The Canaries may have been relegated, but their bank balance remains healthy, and is a mark of a club run with intelligence. Norwich could make an instant return to the Premier League, as they sit in a play-off spot.
16. Fulham
Turnover £91m
Loss before tax £33m
The Cottagers were shockingly relegated from the Premier League, and took a worryingly unhealthy financial situation to the Championship. They have struggled to adapt to life in the lower division, and are sitting in 17th place.
17. Crystal Palace
Turnover £90m
Profit before tax £23m
The Eagles’ promotion to the Premier League incredibly came three years after they were forced into administration, and the jump from the Championship to the top flight saw the club bank a tidy profit.
18. West Bromwich Albion
Turnover £87m
Profit before tax £13m
Somehow the Baggies managed to secure a profit, despite a staggering 75% of their turnover going to wages, and the club also boasted no debt following the 2013-14 campaign.
19. Hull City
Turnover £84m
Profit before tax £9m
A successful debut season in England’s top flight, as the Tigers secured their stay in the league, and reached the FA Cup final, only to narrowly lose 3-2 to Arsenal.
20. Cardiff City
Turnover £83m
Loss before tax £12m
The Bluebirds had a tumultuous single season in England’s top flight, as owner Vincent Tan changed the shirt colour to red and controversially sacked Malky Mackay – and it was no surprise when they suffered relegation. Despite the £64m pocketed from the promotion to the Premier League, the club’s finances still took a hit.
