Source:
https://scmp.com/sport/soccer/article/2142538/tv-deal-sees-english-premier-leagues-pre-tax-profits-double-three-years
Sport/ Football

TV deal sees English Premier League’s pre-tax profits double in three years to record high

Broadcast billions mean increased wages don’t affect profits, even for clubs struggling on the pitch: Deloitte report

Tottenham's Son Heung-min kisses a television camera as he celebrates scoring. Photo: Reuters

England’s Premier League soccer teams made a collective pre-tax profit of half a billion pounds in the 2016-17 season, more than doubling the previous record set three years earlier, according to Deloitte’s Sports Business Group.

Revenue was boosted by a broadcast deal that poured in £5.1 billion (US$7.3 billion) over three years. That was up from a previous, £3 billion-pound arrangement, a rate of growth that outpaced even soccer stars’ escalating pay.