Season › 2011-12 › News Premier League Finances laid bare Michael Kenrick , 10 May, 26comments | Jump to most recent This survey in The Telegraph presents the 20 Premier League teams (from 2010-11) with their finances 'laid bare' in a nice web app that allows you to reorder the pack based on: Season position, Debt, Income, Wages Net transfer value, and Cash flow. Unlike other surveys, this focuses on the true cash income and expenditure of top flight clubs, giving a far more accurate portrait of their strength than the operating profit or loss figures which have been used previously. The key figures here are a club's turnover, what it pays in wages and "other" running costs (comprising heating, lighting, travel expenses etc). The working capital movements also demonstrate a number of cash items — money spent on buying stock for retail outlets for example. Amortisation and depreciation are simply accounting charges and do not affect cash flow, but do need to be presented to show how a club's operating profits or losses are calculated. When all the elements have been added up, it gives sight of a club's operating cash flow, the cash left over from revenues after their day-to-day expenses have been paid. After interest bills have been paid, a club's disposable income available to spend on transfers, or paying down debts, is revealed. Quotes or other material sourced from The Telegraph Reader Comments (26) Note: the following content is not moderated or vetted by the site owners at the time of submission. Comments are the responsibility of the poster. Disclaimer Add Your Comments In order to post a comment, you need to be logged in as a registered user of the site. » Log in now Or Sign up as a ToffeeWeb Member — it's free, takes just a few minutes and will allow you to post your comments on articles and Talking Points submissions across the site. About these ads