Player wages rose across Europe in 2021 even as club revenues continued to fall, a Uefa report has found. Top-flight clubs made a combined €4bn (£3.4bn) loss in the Covid-hit 2020-21 season, according to the report, while wages rose by an average of 2%.
In total, wage costs – and agents’ fees – accounted for spending that equalled 91% of revenue. This led to an increase in outside lending, with clubs taking on more than €750m in new debt.
