Leicester City clinched the Championship title on Monday evening, and now their insane wage bill has been revealed.
Leicester suffered relegation from the Premier League last season, but they have returned to the top flight at the first time of asking after superb campaign in the Championship.
Enzo Maresca's side beat Preston North End 3-0 on Monday to clinch the title ahead of Leeds United and Ipswich Town, with Jamie Vardy scoring twice to further cement himself in club folklore.
Maresca has done an impressive job with the Foxes, although it must be said that the Midlands club held a significant advantage over the other sides in the division.
Advert
Understandably, given they were a Premier League club less than a year ago, Leicester have the highest wage bill in the Championship.
The Foxes' annual wage bill stands at £60 million, with fellow former Premier League sides Southampton and Leeds not too far behind with £40m and £39m respectively.
What is shocking is that Leicester's wage bill is higher than those of a quarter of the Championship's sides combined.
Their spend on wages is almost 10 times that of Plymouth Argyle, whose wage bill of £6.06m is the lowest in the division.
Leicester's huge expenditure on wages has come at a price; The EFL imposed a registration embargo on Leicester for allegedly breaching the upper loss limits in their PSR forecasts for this season.
However, according to the Daily Mail, the Premier League have no current plans to extend the embargo into next season following Leicester's promotion.
According to Capology, the Championship wage rankings are as follows:
1. Leicester City – £60,190,000
2. Southampton – £40,014,000
3. Leeds United – £39,513,000
4. Norwich City – £24,196,000
5. West Bromwich Albion – £23,060,000
6. Cardiff City – £19,444,000
7. Stoke City – £18,340,000
8. Watford – £14,952,000
9. Sheffield Wednesday – £14,584,000
10. Middlesbrough – £13,582,000
11. Birmingham City – £13,228,000
12. Bristol City – £12,894,000
13. Hull City – £12,333,200
14. Swansea City – £12,276,000
15. Queens Park Rangers – £12,020,000
16. Ipswich Town – £11,378,000
17. Preston North End – £10,942,200
18. Coventry City – £10,008,000
19. Millwall – £9,856,000
20. Huddersfield Town – £9,258,000
21. Sunderland – £9,150,000
22. Blackburn Rovers – £7,678,000
23. Rotherham United – £6,674,000
24. Plymouth Argyle – £6,060,000
Topics: Leicester City, EFL Championship, Football, Premier League, FFP
Alex Brotherton