In the Premier League's Big 6, although Manchester United does not have many outstanding stars at the moment, it still maintains a sky-high salary, topping the tournament.
According to statistics from the famous auditing company - Deloitte, in the past year, the Big 6 group alone increased the Premier League's salary by 1.7 billion pounds. Of which, Man United alone is 352 million pounds. Before Deloitte, KPMG also announced the results of the Premier League audit after the pandemic. Accordingly, the whole tournament will lose about 900 million to 1 billion pounds.
Deloitte warned that if they continue to maintain their current salary and salary increase cycle, the Premier League's big teams could fall into a state of "disappointment". Specifically, in the past year, the total salary payable of 8 Premier League teams has reached 70% of revenue. This is not only a wake-up call about how to spend money excessively but also a warning about the possibility of being handled by UEFA at any time.
The players' salaries have continued to increase every year, and the Premier League has faced a period of about half a year of heavy losses due to COVID-19. With no spectators or revenue, Deloitte believes the entire tournament could lose 500 million pounds without ever being able to recover it.
Teams are trying to convince players to reduce their salaries. However, even at the "ceiling" level of 30%, that number is not much because the players only work until the tournament returns. From June 17, everything will be normal. In total, the period when players are entitled to salary reductions is only about 2 months.
Deloitte predicts that if there is a similar incident next season, another £500 million will forever "not fly".
UK health officials said that if the country enforces a one-week social quarantine early, the number of COVID-19 cases could be as small as half as it is now. That is also the reason why in Europe at the moment, most countries have loosened or restored normal. In the UK alone, social quarantine orders have only been gradually eased. The Premier League is therefore in a state of being unpredictable.
Chelsea's £50 million buy of Timo Werner and £200,000/week salary could mark a new phase, a less "crazy" phase for player buybacks and salaries in both the Premier League and Europe. A promising and big star like Werner also only receives an average salary compared to Man United's salary table. His transfer fee is also only half of the initial Liverpool rumours.
COVID-19 has not only changed the face of world football, it has also changed the spending habits of big clubs. Fans need to see the £80 million deals but have 4 Ballons d'Or like Ronaldo, instead of the £192 million and leaving behind countless disappointments like Neymar.
