England's Premier League is by far the richest and most profitable soccer league in Europe, while Roman Abramovich's Chelsea paid some 170 million euros (US$209 million) in salaries, according to a survey of the 2003-'04 season released on Wednesday.
The 20 clubs in England's top division brought in total revenues of 1.97 billion euros, British accounting firm Deloitte & Touche said in its annual financial review of soccer.
That figure made the Premiership "the biggest football league in Europe by a record margin and represents 18 percent of the total 11 billion euro European football market," the report said.
The survey covered Chelsea's first full season under the ownership of Russian oil billionaire Roman Abramovich, and it showed. Chelsea's salary bill went up 110 percent and was "almost certainly" the highest in the world for a soccer club, the survey said.
Chelsea finished runner up in 2003-'04 and went on to win the title in the season just ended for the first time in 50 years.
The league's total wage bill came to 1.2 billion euros, with Manchester United second behind Chelsea at 115 million euros.
Excluding Chelsea, the total wage bill rise for other Premier League clubs narrowly dropped from the previous season for the first time.
The 7 percent hike was the lowest rise since 1992 and well below previous "astonishing" increases.
Total revenues for Premier League clubs climbed 6 percent to 1.97 billion euros.
Revenues were equivalent to almost 100 million euros per English club and over 50 percent higher than second-place Italy's Serie A.
Manchester United came in as the top revenue generator at 256 million euros, with Chelsea second at 215 million euros.
The Premier League beat European rivals in operating profits too, bringing in a record 222 million euros and topping its only profitable rival, the German Bundesliga.
Greek swimmer Kristian Gkolomeev was the only athlete to “beat” a world record on Sunday at the Enhanced Games, winning the men’s 50m freestyle at the divisive competition where athletes were free to take performance-enhancing substances. His time of 20.81 seconds — which is not considered official — came in the final event of the night in Las Vegas, sparing the blushes of organizers who made claims that multiple world records would be surpassed due to a sophisticated doping regime. Gkolomeev, who was wearing a synthetic “supersuit” long banned at events such as the Olympics, outpaced Australia’s Cameron McEvoy’s 20.88 set in
Fred Kerley is competing unaugmented against drug-fuelled athletes at this weekend’s Enhanced Games and still hopes to race in the 2028 Olympics, the suspended former 100m world champion said on Friday. Arguably the biggest name at the divisive event in Las Vegas, where doping is permitted, the US sprinter said he had chosen not to take any of the banned substances including testosterone and steroids that his competitors have been using. “I don’t need it. God gave me fast feet for a reason. And I’m here to showcase my talent,” Kerley said. Kerley last September became the first US competitor and first track
VICTORY ABROAD: The team took home a fistful of medals and secured spots for the autumn’s Asian Games, scheduled for September in Nagoya Taiwan’s women’s team captured the overall title at the Asian Taekwondo Championships in Mongolia on Sunday, finishing with two golds, one silver and one bronze medal. The strong showing, led by gold medalists Wang Chieh-ling and Chang Jui-en secured the full quota of available spots for Taiwan at the Asian Games in Nagoya, Japan, in September. Wang opened Taiwan’s medal run by winning gold in the women’s under-46kg class on Thursday, the first day of competition. Liu Yu-yun later earned a silver in the under-49kg class. On the final day on Sunday, Chang won Taiwan’s second gold medal in the under-62kg event, and
The manager of the Yomiuri Giants, one of Japan’s most popular baseball teams, resigned yesterday after he was arrested for allegedly physically attacking his teenage daughter. Shinnosuke Abe allegedly grabbed the 18-year-old and forced her to the floor at their home in central Tokyo on Monday evening, reported national broadcaster NHK and Kyodo News, citing unnamed police sources. “Leaving like this really means I’m causing you a lot of trouble, and I feel truly sorry about that,” Abe told a hastily arranged news conference, his eyes red with tears. The former star catcher, who is among baseball-obsessed Japan’s most recognized sports figures,