Clubs warned: Don't blow TV money on player wages

Premier League club bosses should adapt to a “culture shock” and make sure they do not to blow their huge new TV windfall on players’ wages, a new report has warned.

Clubs warned: Don't blow TV money on player wages

Premier League club bosses should adapt to a “culture shock” and make sure they do not to blow their huge new TV windfall on players’ wages, a new report has warned.

The Deloitte Annual Review of Football Finance 2013 says half the clubs in the Premier League are still making losses despite record overall revenues.

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