Football has become more lucrative than ever, and it now generates a lot of money. Likewise, the wages of football players have grown significantly over the years.
The increase in TV rights revenues is huge, and it has offered clubs the ability to lure the best players by offering them astronomical wages.
The coronavirus pandemic significantly affected the finances of most clubs, with some unable to sign new players while others couldn’t afford to keep their best players; Lionel Messi’s Barcelona exit was a prime example.
Covid-19 also forced some clubs to sell or release players to offload their wage bills, like the cases of Juventus releasing Cristiano Ronaldo and the exits of Antoine Griezman and Phillipe Coutinho from Barcelona.
In this article, TOP SOCCER BLOG brings you the top 10 European football clubs with the highest wage bills.
1. PSG (£256m)
Unsurprisingly, Paris Saint-Germain are leading the list of clubs with the highest wages in 2022 as the French giants secured the free transfers of the likes of Lionel Messi, Sergio Ramos, Gianluigi Donnaruma, and Giorgino Wijnaldum last summer by offering them significant pay rises.
Lionel Messi is the highest-paid player at PSG, with the Argentine superstar reportedly earning up to £1m per week.
2. Real Madrid (£242m)
Real Madrid tends to attract the best players in the world. The Blancos lure players not only with their rich history and prestige but with huge wages.
Surprisingly, Gareth Bale is the highest-paid player at Real Madrid, with the Welshman earning as much as £600k per week.
3. Manchester United (£201m)
Man United boast of having some of the highest-paid players in the English Premier League in their squad. More so, their wage bill became much more bigger with the signing of Cristiano Ronaldo from Juventus last summer.
Cristiano Ronaldo earns about £500k per week at Old Trafford, while United goalkeeper David De Gea is one of the highest earners in the EPL with £375k.
4. Barcelona (£195m)
Barcelona boasted of having the highest wage bill last season, but due to the financial crisis, the Catalans have offset their wage bill by not renewing the contract of their highest-paid player, Lionel Messi, and also showing the exit door to Antoine Griezmann and Phillipe Coutinho.
These shrewd moves have balanced their books to a large extent and also afforded them the chance to sign players in the necessary positions affecting the team.
Currently, Frenkie de Jong is the highest-paid player in the Barcelona squad, with the Dutch midfielder earning £354k a week.
5. Juventus (£184m)
Juventus sold Cristiano Ronaldo last summer to balance their books, and that decision is proving to be a masterstroke.
Furthermore, the Turin giants have decided not to renew the contract of Paulo Dybala, whose contract will expire at the end of the season, and he will leave on a free transfer. The Argentine midfielder wants an improved contract which Juventus have refused to agree to due to his injury proneness and also lack of form and consistency.
Mattijs de Ligt, who is on £240k per week, is the highest-paid player at Juve. They also have a lot of players on huge salaries, which makes Juve one of the European football clubs with the highest wage bill.
6. Bayern Munich (£166m)
Bayern have the highest wage bill in the Bundesliga and are among the top 10 European clubs in that regard.
Robert Lewandowski is the highest-paid player at Bayern Munich on a £369k per week salary.
7. Chelsea (£163m)
The Blues are currently facing a financial crisis due to the sanctions placed on their embattled owner Roman Abramovich. Chelsea are known for splashing the cash whenever they want, whether on transfer or huge wages due to their now former billionaire owner.
The defending champions of the UEFA Champions League now face an uncertain future as a new owner is expected will take over the club very soon. It remains to be seen whether the new owners will spend extravagantly like Abramovich.
Romelu Lukaku is the highest-paid player at Chelsea, with the Belgian taking home £325k per week.
8. Manchester City (£146m)
Manchester City are backed by Abu Dhabi billionaire owners who are not afraid to spend hugely when necessary. City can sign expensive players and also offer them huge wages.
They boast of having one of the highest-paid managers in world football in Pep Guardiola.
Kevin de Bruyne is the highest-paid player at Man City at £350k per week.
9. Liverpool (£139m)
Liverpool have one of the best squads in the world, which is why they are on course to win the quadruple (4 trophies) this season.
Although the Reds don’t like breaking the bank to lure players to the club like their rivals, they offer decent wages to their players.
They are currently struggling to meet Mohammed Salah’s astronomical wage demands for a new contract.
Liverpool’s highest-paid player is Virgil Van Dijk, who earns £220k per week.
10. Tottenham (£137m)
Tottenham’s success in recent years, both on and off the pitch as made them one of the top richest football clubs in the world. That has given them the might hold on to their best players by matching (or getting close to) the wages offered to them elsewhere.
Spurs’ manager, Antonio Conte, is one of the highest-paid coaches in the world.
Star forward Harry Kane is the highest-paid player at Tottenham as he earns £200k per week.