Record revenue not enough to offset growing losses for Premier League clubs

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According to a highly anticipated annual review of football finances by Deloitte’s Sports Business Group, Premier League clubs saw a 16% increase in combined losses during the 2022-23 season, despite a record-breaking revenue of £6bn. Manchester City emerged as the champions of the season, but the league as a whole reported pre-tax losses of £685m. The report cited high wages and costs associated…

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