Chelsea reduce wages spending

Chelsea's wage bill has been overtaken by that of Manchester United for the first time in over a decade, with Manchester City topping the 'wages league'.

Last Updated: 03/04/14 at 18:22 Post Comment

There has been a change of ethos in the time Roman Abramovich has been Chelsea o

There has been a change of ethos in the time Roman Abramovich has been Chelsea o

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

The London club's wage bill in 2012/13 was £176m, compared to £182m for Manchester United in the same period, while City spent £233m last season.

Chelsea's expenditure is in stark contrast to 2003/04, when the club's estimated wage bill of £115m was described in Deloitte's annual football finance review as "almost certainly the highest in world football".

Their salary bill for the season also includes £4m paid to former manager Roberto Di Matteo to cover "termination payments and compensation in relation to changes in the first-team management structure".

Clubs in European competition can only record losses of £37.5m during the first two-year accounting period of UEFA's financial fair play rules, with Chelsea's increasingly prudent approach to spending on wages an apparent response to the measures.

Wages at the Stamford Bridge club fell overall in 2011/12 and the rise last season was around three per cent compared to an 11.6% increase at United.

In terms of UEFA's spending rules, Chelsea Football Club Ltd's accounts state: "The introduction of UEFA's financial fair play regulations from the 2011/12 season provides a significant challenge.

"The football club needs to continue to balance success on the field together with the financial imperatives of this new regime."

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Related News

Most Commented

Readers' Comments

N

ow is the time for Allardyce to finally get a chance at a big club please. He is likely to have a number of great offers for his services this summer, but who will he choose? Will it be Liverpool, Real Madrid, Dortmund or Man City?

medina_sod
Allardyce leaves West Ham

I

thought exactly this when the Match of the Day pundits were peddling this line. Is it really not okay for fans of a club to have some ambition these days then?

damoceltic
Bored Of Big Sam? It's Your Right...

H

ow magnanimous off him - to leave if he's asked to by the owners? What's the alternative, bunker down in his office claiming squatter's rights if FSG want rid?

feed the bear
Rodgers: I'll go if owners want

Footer 365

Middlesbrough 0-2 Norwich: Cameron Jerome and Nathan Redmond strike as Canaries seal immediate return to Premier League

Norwich City gained promotion to the Premier League with a 2-0 victory over Middlesbrough in the Championship play-off final at Wembley.

Yaya Toure will stay at Manchester City, insists agent Dimitri Seluk

Yaya Toure will stay at Manchester City, according to his agent.

UEFA chief Michel Platini says it would be good for football if Sepp Blatter loses FIFA election

Michel Platini is backing Prince Ali bin al-Hussein of Jordan in Friday’s FIFA presidential election.

Mail Box

Can We Combine Danny And Theo?

The finishing of Theo Walcott and the hold-up play of Danny Welbeck would be just perfect. Plus, lots of Brendan Rodgers, some Big Sam and all hail Degsy...

Only One Real Manager Of The Year

Winning the Premier League with the best squad in the Premier League is only par; Ronald Koeman did a whole lot better. Plus, the last word on Raheem and...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company