London ( CNN ) -- The German Bundesliga has set the standard on the football pitch in recent months , now the league 's bank accounts are the envy of Europe after a report declared the competition to be the continent 's most profitable . The English Premier League continues to lead the way in terms of revenue , raking in $ 3.8 billion for the 2011-12 season , according to sports business group Deloitte . But the German league bests its rivals with combined profits of $ 242 million , compared to $ 154 million for the Premier League . The profit of clubs in the Bundesliga remained the same despite a drop in overall revenue to $ 2.36 billion for 2011-12 season , compared to $ 2.56 billion a year earlier . The Bundesliga 's booming balance sheets reflect the division 's recent on-field dominance . Runners-up in 2012 , Bayern Munich were crowned kings of Europe in May after beating Borussia Dortmund in the first all-German Champions League final . `` The reason the Bundesliga is more profitable than the Premier League really comes down to the regulations that German football authorities have in place , '' Paul Rawnsley , a director at Deloitte , told CNN . `` They have a much stronger central control over the ownership and financial models of clubs . '' Rawnsley says there are two main aspects to rulings which enable German clubs to maximize their profits . `` Firstly , the regulations constrain the club 's costs , and hence wage costs , as the clubs are limited in terms of how much they can spend in terms of wages-to-revenue ratio . `` Secondly , the regulations on club ownerships and the restrictions on external owners mean German clubs do not have the levels of extra contributions that we have seen in England . `` Over the last 5-6 years in England , there has been an extra $ 3 billion of money injected into clubs , which can be used to fund a higher level of wage costs . '' So without the influence of incredibly wealthy figures such as Sheikh Mansour ( Manchester City ) and Roman Abramovich ( Chelsea ) , Bundesliga clubs spend 51 % of their total revenue on wages . This is significantly lower than the 70 % figure splashed out by English sides . The Premier League 's continued growth is also tempered by debt . The combined debt of the 20 teams in England 's top flight is $ 3.8 billion , a figure that is identical to the league 's total revenue . However , Rawnsley believes the servicing of clubs ' debts is not the issue it once was . `` A few years ago , debt was much more of a story but this year it has nudged downwards again , '' he explained . `` Debt levels are going down and the costs of servicing the debt are going down as well . `` In round numbers , the cost to Premier League clubs servicing their debts is $ 125 million . '' The reason for the relatively meager figure on debts of $ 3.8 billion is because $ 2.2 billion of that total has been provided by the financial backers of various clubs in the form of non-interest bearing `` soft loans . '' With new financial regulations from UEFA coming into play next season as well as an increased television deal that brings an extra $ 925 million to the Premier League , English clubs have the opportunity to increase profits next season . While that may please their accountants , fans will -- as ever -- be far more concerned about boosting the footballing fortunes of their favorites in the year to come .
Business group Deloitte says Bundesliga was most profitable European league in next season . European division made $ 2.36 billion profit despite generating less revenue than Premier League . Deloitte tops revenue creation with $ 3.8 billion , ahead of Bundesliga with $ 3.8 billion .