Premier League clubs 2022/23 Financial Account Comparisons
All Premier League clubs have released their 2022/23 season financials so heres a 🧵on the finance comparison of Premier League teams on key metrics
Premier League clubs earned a total of £6bn combined in total revenue streams a £500m increase from the previous season in 2021/22 As usual the "Big 6" absolutely dominate the top revenue earners with these 6 clubs making up near 60% with £3.5bn of that revenue
Matchday revenue made up only £890m of the total revenue. Only accounting for an average of 15% of clubs revenue The big 6 still dominate this area with them owning £600m of it. Manchester United had a 25% increase to £163m While spurs had a 20% increase to £117m
Broadcast revenue is the main revenue earner for all clubs and the most balanced revenue across the PL teams accounting for more than 50% of all revenue. Clubs out of the big 6 generally have between 60-80% of their revenue coming from broadcast with Bournemouth at a 87% high.
Commercial is completely dominated by the big 6 due to their recent and historical success. Out of the £2bn they account for £1.5bn commercial revenue with all 6 clubs having 35%+ of their revenue derived from commercial revenue. Both Manchester Clubs hit historical highs in 23
Profit on player sales from selling players minus their amortisation has become an important part of balancing the books and managing PSR. With Man City and Brighton leading the way with a lot of sales over the last financial year
On the wages side the premier league dished out £4bn in wages in 2023 smashing the previous record by £500m. Both City and Chelsea cracked the £400m mark for the first time in their history with near 20% growth with Liverpool not far behind at £372m.
Transfer Amortisation saw Chelsea be the first team in PL history to crack the £200m mark. Beating the previous high from.. Chelsea at £170m
Amortisation + Wages provides a glimpse into what a clubs squad cost for that season. The Premier league clubs spent £5.7bn on player wages and amortisation with the big 6 accounting for half of that.
On the sustainability side I put in a 70% mark to measure (wages + amortisation) - Profit then divided by Revenue. Most clubs run pretty healthy between 60-80% though can start to get a little dangerous over 90%
As shown below by the Profit/loss before tax most clubs run at a loss with premier league running at a combined loss of -£500m. Only 5 clubs run at a profit last season with Brighton bringing in record profits at £133m mainly due to their impressive player sales
This also then ties into PSR risks for the 2023/24 accounts:
The 2 clubs at most risk next season are clearly Nottingham Forest and Leicester. Both clubs will need to make profit for this financial period (£20m and £38m respectively) Chelsea, Newcastle, Ipswich, Wolves, Man Utd and Fulham all are in that £30m range. So they can make a loss in 2023/24 accounts but cannot exceed their amounts listed On the other spectrum clubs like Man City, Brighton, Spurs and Liverpool have enormous amounts of wiggle room heading into 23/24 accounts and will most likely maintain similar levels for 24/25 accounts