Premier League wages hit new high

The rise in player wages has reached record levels in the Premier League - a worrying trend with clubs now subject to UEFA's financial fair play rules.

The latest annual review of football finance by analyst Deloitte show the increase in wages outstripped the growth in revenues. It has resulted in a wages/revenue ratio of 70% in the Premier League - a record figure having crept up from the low-to-mid 60s five years ago.

Wages went up by £201million in 2010-11 to almost £1.6billion, a 14% rise, and overall revenues rose by 12% to £2.27billion. This was mostly driven by a rise in income from the new TV deals, especially from overseas rights.

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