Wage bill spiral slows

The latest research by Deloitte & Touche also reveals that the once rocketing wage bills within English Premier League clubs have started to slowand that the wage bill for the 2002/03 season raised by just eight percent on the previous year. It compares with an average year-on-year rise over the past decade of 24 percent – and suggests clubs are finally taking steps to keep wage bills under control. However, the clubs are still, on average, spending £38m annually on salaries – led, unsurprisingly, by Manchester United who had total wage costs of £79.5m. 

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