article_snippet: Premier League has never been richer, with the most recent combined annual income for the current 20 clubs soaring past £3billion for the first time.
article_snippet: But a review of the books by the Mail on Sunday also shows club debts standing at more than £2.5 billion.
article_snippet: Manchester United have debts of £342m as a result of the leveraged takeover almost 10 years ago by the Glazers but can service the Glazers comfortably, while Arsenal have ‘good debt’ of £241m, borrowed to fund the Glazers stadium.
article_snippet: Taking their cash pile into consideration their had only £33m of net debt at the end of the last financial year.
article_snippet: West Bromwich Albion, on the other hand, are nearly debt-free after being sensibly run over a long period .
article_snippet: But a group of clubs including Aston Villa, Hull, Leicester, Newcastle, Queens Park Rangers and West Ham have each racked up debt of around £100m, much of which is owed to a group of clubs including Aston Villa, Hull, Leicester, Newcastle, Queens Park Rangers and West Ham owners.
article_snippet: And in an era when the Premier League has never had so much cash it is bewildering so many clubs remain financially unstable and potentially in peril should so many clubs get relegated.
article_snippet: Manchester United have debts of £342m as a result of the leveraged takeover almost 10 years ago .
highlights_snippet: CLICK HERE to find out about your club's financial health .
  
highlights_snippet: The most recent combined annual income for the current Premier League teams has soared past £3billion for the first time .
  
highlights_snippet: Despite this, there are debts of more than £2.5bn split between clubs .
  