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Foxes won Premier League with smaller budget than Villa

Claudio Ranieri poses for photographs with the Premier League Trophy as players and staffs celebrate the season champions
Image: Claudio Ranieri led Leicester to the Premier League in 2015/16 with the six lowest wage budget

Leicester achieved their sensational Premier League title win in 2015/16 with a smaller wage bill than relegated Aston Villa, a new report has revealed.

The Foxes shocked the football world by claiming their first top-flight league title under Claudio Ranieri - just two years after securing promotion from the Sky Bet Championship.

The 26th edition of Deloitte's Annual Review of Football Finance, published on Wednesday, revealed Leicester's title triumph was achieved with a wage budget of £80m - £13m less than Aston Villa, who finished bottom of the Premier League.

That figure was also the sixth lowest in the Premier League and less than third of Manchester United's £241m, listed as the highest wage bill in the division.

Tottenham, Leicester's closest title rivals for much of the campaign, were the only side to reduce their wage bill.

Premier League wages

Club Wages (£m) Revenue (£m) Wages/revenue ratio
Manchester United 241 515 47%
Chelsea 232 335 69%
Liverpool 209 302 69%
Manchester City 198 393 50%
Arsenal 195 350 56%
Tottenham 105 209 50%
Everton 95 122 78%
Aston Villa 93 106 88%
Southampton 85 124 68%
West Ham 85 144 59%
Sunderland 84 108 78%
Stoke 82 104 79%
Swansea 82 96 85%
Crystal Palace 81 101 80%
Leicester 80 129 62%
Newcastle 75 126 59%
West Brom 74 98 75%
Norwich 67 98 69%
Bournemouth 60 88 68%
Watford 58 91 64%

Bournemouth and Watford, who had gained promotion from the Championship, maintained their top-flight status, despite having the lowest wage costs.

The review also revealed the top 92 clubs generated £4.4bn during the 2015/16, with a nine per cent increase in Premier League revenue to a record £3.6bn.

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This breaks down to average earnings of £182m per Premier League club, more than the total revenue of all 22 Division One clubs in 1991/92, the season before the Premier League's creation.

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