The Chelsea team at the end of the 2024 fiscal year was the most expensive ever reunited, according to a new UEFA report.
The spending blues team was worth an astonishing 1.66 billion euros (1.39 billion pounds sterling), overshadowing the highest precedent recorded by Real Madrid in 2020 (1.12 billion pounds sterling).
The European Landscape Report of Clubs and Investments of UEFA Clubs, published Thursday, discovered that four clubs had squads worth one billion euros or more in 2024 – Chelsea, Manchester City, Manchester United and Arsenal.
The financial power of the Premier League was underlined by the fact that nine of the 20 most expensive teams in 2024 were brought together in England, with West Ham costing more than that of Barcelona or AC Milan.
There were also nine English clubs in the Top 20 in Europe according to the size of their total salary bill.
Manchester City finished second with 554 million euros (464.5 million pounds sterling), behind only Paris St Germain on 658 million euros (551.7 million pounds Sterling).
The Chelsea team at the end of 2024 was revealed as the most expensive in history
The Blues outperformed the previous record set by Real Madrid in 2020 (1.39 billion pounds sterling)
The latest UEFA report reveals that four Premier League clubs are valued at more than 1 billion pounds sterling
Among the 20 best clubs, the report revealed that the share of income absorbed by wages varied from 42% in Tottenham to 91% in Aston Villa.
The growth of players ‘salaries was 4.5% among the first reporting clubs for 2024 compared to 2023 – considerably lower than the level of income growth – while the teams work to comply with the cost rules of the UEFA team, which, from next season, will limit players’ salary expenses, transfer and agent fees to 70% income.
A sharp increase in the wages of technical and administrative staff proved to be eating in the operating margins of clubs through the report.
They increased across Europe by 19% in 2023, with growth in two -digit wages reported in 16 of the 20 leagues examined in the report.
UEFA President Aleksander Ceferin said in the foreword to the report: “ While when most clubs seem to manage players’ salary increases in a responsible manner, other costs increases quickly, exerting greater pressure on operating margins than ever.
“Clubs must remain vigilant because considerable work must still be done to restore pre-countryic profitability.”
Investment in stadiums in all clubs reached a record in 2023 at 2.1 billion euros (1.8 billion pounds sterling), exceeding the previous record of 1.5 billion euros established during the 2019 pre-pale year, while clubs across Europe seek to maximize the income of the day.
Four clubs invested more than 100 million euros in 2023 – Real Madrid, Barcelona, Everton and Paris Saint -Germain – but there was also an increase in the volume of investments with 36 clubs investing at least 10 million euros, against 18 clubs the previous year.
The report revealed that these long -term investments seem to have continued in the 2024 season, with record investment levels among early declaration clubs.