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Premier League clubs bank record income of £3.65bn – a £200m increase

• Manchester United biggest earners in 2015-16 with £515m
• Clubs wage bill hits £2.25bn but remains sustainable 61% of income

The 20 Premier League clubs earned record income of £3.649bn in the last year before the more lucrative TV deal began, a Guardian analysis has revealed. The financial statements of the clubs in the Premier League in 2015-16, the most recent year for which accounts have been published, showed they made £200m more than in the previous year that was itself a record.

By far the biggest earners were Manchester United; the accounts for the main United company, registered in the Cayman Islands tax haven, showed income of £515m. It was £123m higher than the club with the next highest income, Manchester City.

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