( CNN ) -- A new report from accountancy firm Deloitte has revealed that English Premier League wages are continuing to rise at a quicker rate than club revenues . In publishing their 20th Annual Review of Football Finance , Deloitte also revealed that revenues broke the two billion euro barrier ( $ 2.9 billion ) in season 2009/2010 , although this was offset by the fact that wages now take up 68 per cent of that revenue . The exact figures confirmed that the Premier League continues to be the world 's richest domestic league , with the 20 clubs earning 2.03 billion euros ( $ 2.94 billion ) , a figure which is expected to rise to 2.2 billion euros ( $ 3.19 billion ) for the season just gone on the back of a new television deal . This shows an increase of 49 million euros ( $ 71m ) on the previous year , although that improvement is tempered by a 64 million euros ( $ 93m ) rise in wages , taking total payroll costs to 1.4 billion euros ( $ 2 billion ) . `` Cost control remains the biggest challenge facing clubs , at all levels of the professional football pyramid , '' Paul Rawnsley , Director in the Sports Business Group at Deloitte , told AFP . Rawnsley added : `` Premier League clubs should still be well placed to comply with UEFA 's new financial fair play regulations , as the Premier League remains the top revenue generating league in Europe . `` Clubs have time to make adjustments to their business plans before the new regulations are effective , as well as increased broadcast revenue from 2010/11 to help deliver a better balance between spending on players and revenue generation . '' The Premier League 's revenue far exceeds the other leading European leagues of Germany ( $ 2 billion ) , Spain and Italy ( $ 1.89 billion ) and France ( $ 1.3 billion ) . The report also confirmed that Chelsea have the largest individual wage bill , with total spending of $ 252 million , followed by Manchester City ( $ 193 million ) and Manchester United , who spent $ 191 million on players ' wages in the 2009-2010 season .
Premier League wages are continuing to rise faster than club revenues . A new finance report shows players wages take up 68 per cent of club revenues . Chelsea topped the table , followed by Manchester City and Manchester United .