The two clubs of Manchester have among the lowest ratios in the comparison between wages and revenue: 50% Manchester City and 45% Manchester United. This was documented with a tweet by the author of the blog Swiss Ramble, that for several years has written about sports business especially targeting international football.
The reference is to the 2015-2016 season (latest available financial statements) but shows how from the point of view of wages the two big spenders in the Premier League have more room for further investments. A substantially different situation from that of Barcelona that must deal with the restrictions imposed by UEFA in reference to the financial fair play.
Only three clubs are at or below the 50% recommended by Deloitte, the other team is Tottenham Hotspurs at 48%. On the negative side of this special ranking, there are Aston Villa (85%), Crystal Palace (79%), and Stoke City (79%). It’s interesting to highlight that the big clubs tend to be more virtuous than the small ones. It’s also worth mentioning that no club is above the 100% level, something that happened in the past.
We have to also remember that due to the regulations set by UEFA in reference to the financial fair play, the clubs cannot overcome the 70% threshold in order to be admitted to the European Cups without any kind of penalty.