( 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 . This is the highest proportion in English football since records began in 1989, and it means that clubs have been able to spend more on their squad without having to raise ticket prices or cut wages.