London — The English Premier League’s reputation as the richest league in the world is reinforced by an annual football finance report that shows record revenue of £3.6bn in 2015-16, a 9% jump on the previous season. Across all four divisions, the 92 clubs generated £4.4bn, another record, with new highs in spending, profits and tax also being recorded by the 26th edition of Deloitte’s Annual Review of Football Finance. It paints a picture of "relentless revenue growth" with the recordbreaking broadcasting revenue deal for 2016 to 2019, which secured a 50% rise to £8.3bn, further improving finances. Over the three-year broadcasting rights cycle to 2015-16, the report said combined operating profits topped £1.6bn — more than the total over the previous 16 seasons combined. "The Premier League continues to power ahead of the other four big European leagues, particularly with regard to broadcast revenues, as has been the case for over a decade," it said. Although wages are soaring, up ...
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