Ranking every Premier League club by their wage bill in 2023/24: Man Utd in top spot, Liverpool fall outside top four

Manchester City's Kevin De Bruyne, Manchester United's Marcus Rashford and Arsenal's Kai Havertz. TEAMtalk montage.

The Premier League is arguably the most lucrative division in world football and most of the clubs are able to pay huge salaries to their star players.

Wage bills have continued to rise in recent years and the highest-paid player in the Premier League now earns over £20million-per-year.

But it’s not just the ‘top six’ that spend a lot on wages as TV deals ensure that West Ham United and Aston Villa now have bigger wage bills than the likes of AC Milan, Marseille and Sevilla.

Using data from Capology, we’ve ranked every Premier League club in 2023/24 by their annual wage bill.

20. Luton Town – £24,570,000

Despite working on a shoestring budget, Luton Town won promotion in 2022/23 and they now have the lowest wage bill in the Premier League.

Their entire squad are collectively paid £24.5million-per-year, which is slightly more than what Manchester City’s Kevin De Bruyne earns on his own (£20.8million).

19. Sheffield United – £28,756,000

After spending two years in the Championship, Sheffield United secured promotion back to the Premier League at the end of the 2022/23 season.

But their problematic ownership situation limited what they could do in the transfer market and their highest-paid player is on £35,000-per-week.

“Last day of the transfer window we got offered two players from a Premier League club and then they told me their wages and we don’t have one player on what those two are earning,” Sheffield United CEO Stephen Bettis said.

“When that call came it hit home how big the gap is between us and other clubs.”

18. Burnley – £38,506,000

While Burnley spend a lot more than the other two newly promoted teams, they still have the third-lowest wage bill in the Premier League.

Leicester City, Southampton and Leeds United – who are all playing in the Championship in 2023/24 – also have a higher wage bill than Vincent Kompany’s side.

17. Brentford – £39,936,000

Thomas Frank has done a sensational job at Brentford, who continue to punch above their financial weight in the Premier League.

The average wage of a Brentford player is £1,426,286-per-year and centre-back Ben Mee is their top earner on £55,000-per-week.

16. Wolves – £51,740,000

Wolves needed to adhere to several Financial Fair Play (FFP) rules in the summer of 2023 and they managed to slash the wage bill.

Raul Jimenez and Joao Moutinho were the highest-paid players at Molineux last season and they were both allowed to leave the club. Goncaldo Guedes – who is on a £90,000-per-week contract – was also loaned out to Benfica.

15. Bournemouth – £53,794,000

Bournemouth are now owned by American billionaire Bill Foley, who would be in favour of the Premier League adopting a salary cap.

“In my view the lower table teams are really undervalued,” Foley told talkSPORT. “In the NHL [National Hockey League], we have a hard salary cap that you can’t go over, and that has brought quality to the league.”

The highest-paid player at the Vitality Stadium is summer signing Justin Kluviert, and he reportedly earns £80,000-per-week.

14. Brighton – £61,100,000

Brighton’s recent success on the pitch is made even more impressive by the fact that they are 14th in the Premier League’s wage bill table.

The Seagulls are widely regarded as one of the best-run clubs in Europe and they often sign talented young players who don’t command huge salaries.

13. Fulham – £64,610,000

Since buying Fulham from Mohamed Al Fayed in 2013, owner Shahid Khan has tried to ensure that the club operates within its means.

The average wage of a Fulham player is £2,485,000-per-year and their top earner is Raul Jimenez, who signed a £100,000-a-week contract following his move from Wolves in the summer.

Raul Jimenez at Fulham

Raul Jimenez (pic via Fulham FC)

12. Crystal Palace – £69,050,000

Palace were willing to break their wage structure for Wilfried Zaha, but he rejected a contract offer worth £200,000-per-week and joined Galatasaray on a free transfer in the summer.

The top spot at Selhurst Park is now shared between Eberechi Eze, Michael Olise and Dean Henderson, who are all on £100,000-per-week.

11. Nottingham Forest – £71,010,000

Forest’s annual wage bill was just £22.45million in 2021/22 but their promotion to the Premier League and a revamp of the playing squad has seen that figure more than treble in the last two years.

10. Everton – £78,978,000

Everton have handed out some lucrative contracts in recent years and they will spend £78.9million on players’ salaries this season.

But the Toffees have also had a number of well-publicised financial problems and were recently docked 10 points for breaching the Premier League’s Profitability and Sustainability Rules.

9. Newcastle United – £84,500,000

Despite now being bankrolled by Saudi owners, Newcastle are yet to fork out ridiculous sums and their annual wage bill sits at a relatively conservative £84.5million per year.

Bruno Guimaraes recently signed a new five-year deal worth £160,000, making him the highest-paid player at St. James’ Park.

8. West Ham – £94,016,000

West Ham’s wage bill has risen sharply in recent years and they are currently the eighth-highest spenders in the Premier League in terms of player salaries.

The Hammers – who won the Europa Conference League in 2022/23 – were also willing to give Declan Rice a big pay rise, but he turned down a £200,000-a-week proposal in order to join Arsenal.

7. Tottenham – £112,840,000

Tottenham’s wage bill is the lowest of the Premier League’s ‘Big Six’ clubs and they have also fallen behind Aston Villa in the 2023/24 season.

After Harry Kane joined Bayern Munich in the summer, Spurs captain Son Heung-min is now the club’s highest earner as he is picking up £190,000-per-week.

6. Aston Villa – £117,000,000

Villa’s billionaire owners have invested significant sums into the squad and that is reflected in the wage bill as they are putting £117million each year into their squad’s respective bank accounts.

Unai Emery’s side have made a brilliant start to the 2023/24 season and their annual wage bill could rise even further if they qualify for the Champions League.

5. Liverpool – £136,240,000

Liverpool are currently top of the Premier League table in 2023/24 but with an annual outlay of £136.2million they sit fifth in terms of wages.

The Reds are spending nearly 15 per cent of their wage bill on Mohamed Salah, who pockets £18.2million-per-year and is the highest-paid player in Liverpool’s history.

Liverpool winger Mohamed Salah

4. Chelsea – £155,234,000

Chelsea had the highest wage bill in the Premier League in 2022/23 but they bid farewell to several high-earners in the summer, including Kalidou Koulibaly, N’Golo Kante and Kai Havertz.

A number of Chelsea players also received a pay cut due to their failure to qualify for the Champions League and they’ve now dropped down to fourth spot in this ranking.

3. Arsenal – £166,036,000

Arsenal finished second in the Premier League in 2022/23 and their wage bill has subsequently soared as players have been rewarded for their brilliant performances.

The likes of Aaron Ramsdale, William Saliba, Martin Odegaard, Bukayo Saka and Gabriel Martinelli have all signed new long-term deals in 2023.

The Gunners also signed Kai Havertz and Declan Rice in the summer transfer window and gave lucrative contracts to the midfield duo.

2. Manchester City – £200,668,000

City have four players earning more than £15million-a-year – Kevin De Bruyne (£20.8m-per-year), Erling Haaland (£19.5m-per-year), Bernardo Silva (£15.6m-per-year) and Jack Grealish (£15.6m-per-year).

The players justified their wages in the 2022/23 season by helping City win the Premier League, the Champions League and the FA Cup.

On top of player wages, City also have the highest-paid manager in the Premier League as Pep Guardiola earns a reported £19,721,724-per-year.

1. Manchester United – £206,796,000

Despite terminating Cristiano Ronaldo’s £515,000-per-week contract and allowing David de Gea’s £375,000-per-week contract to expire, United still have the highest wage bill in the Premier League.

Marcus Rashford recently signed a new five-year deal at Old Trafford, taking his salary from £200,000-per-week to £300,000-per-week.

They are reportedly looking to offload some of their highest earners as Casemiro (£18.2m-a-year), Raphael Varane (£17.6m-a-year), Jadon Sancho (£13m-a-year), and Anthony Martial (£13m-a-year) have all been linked with moves away.

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