Britannia Stadium

Next Game

Stoke v Chelsea

Monday, 22 December 2014, 20:00

Barclays Prem

iPro Stadium

Last Game

Derby 1 - 3 Chelsea

Tuesday, 16 December 2014, 19:45

Capital One Cup Quarter-Final

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

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."

Related News

Most Commented

Readers' Comments

W

ow.. ten paragraphs on West Ham in winners sections.. wow.. Its really Christmas time!!!.. Forever blowing bubbles..

metal
Premier League Winners And Losers

A

couple of wins and everything is OK! Sorry you still haven't got a striker who can consistently goals. Keep searching. I don't think Liverpool will make top four not even Europa League this time around.

larrylawrence
Rodgers still targets top four

I

f he can find the right player? Surely the manager of one of Europe's top clubs has a well-researched short-list and has a good idea of who he wants to bring on-board? If I can find the right player sounds like someone going out on Saturday night on the pull, and the nearer you get to midnight the lower your standards drop.

CamberleyGooner
Wenger to buy centre-half

Footer 365

Sky Bet Championship: Sami Hyypia quits Brighton after six months in charge

Sami Hyypia has left Brighton after the club accepted his resignation as manager.

Rangers AGM: Members of board heckled at fiery AGM held at Ibrox Stadium

Rangers chairman David Somers struggled to make himself heard amid boos and heckles as he addressed the club's AGM.

England's Women postpone friendly with France following World Cup draw

England Women's April friendly against France has been postponed after both nations have been drawn in the same group for the 2015 FIFA World Cup.

Mail Box

Becoming A Proper Fan Again In 2014

Man United fans can thank David Moyes for making them appreciate their club again. We also have mails on Liverpool, Newcastle, another Christmas XI and more...

Wenger Has Made Arsenal Mentally Weak

We have plenty of reaction to yesterday's result, with Mailers sick of Wenger, Mertesacker and Skrtel in particular. Plus why it's not yet time for 'Austin for England'...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property