7. Queens Park Rangers
Total debt: $145million
QPR are one of two clubs in the top 10 list not currently operating in their respective top-flight, highlighting the eye-watering cost of their failed attempt to stay in the Premier League last season.
As a result of their relegation, the west London club's revenue stream has dropped off significantly, leaving them with growing financial debts which is partly due to astronomical wages that they continue to pay their first-team squad in the Championship.
Harry Redknapp is under pressure to orchestrate an immediate return to the Premier League, otherwise the future is looking pretty bleak for everyone at Loftus Road.