Increase in revenue was result of first of current three-year domestic deal with BT and Sky
Jones added: "Although we anticipate wage costs will continue to rise in the coming seasons, we do not foresee increases to be at a level which can jeopardise the profitability of the Premier League as a whole".
Premier League clubs are likely to sustain their recent profitability for the foreseeable future despite flat domestic broadcast revenues, say football finance experts.
A new report shows that Premier League clubs had record profits and revenues last season, mainly due to enhanced broadcast deals.
The total wages bill increased by 9 percent to 3.52 billion USA dollars.
Overall, the earnings-to-wages ratio, a key indicator of a company's financial viability, fell from 63 percent to 55 percent, the lowest for almost 20 years.
All 20 Premier League clubs made a operating profit and 18 made a pre tax profit.
Battery-centric Moto E5 range announced with stock Android 8.0
Moto E5 Play arrives with a 5.2-inch HD view and display , Snapdragon 425/427 processor , 2GB RAM and 16GB of expandable storage . As for the pricing details, the Moto G6 Play has been launched at a starting price of $199 which roughly translates to Rs 13,135.
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The phone comes with the same connectivity options which include 4G VoLTE, Wi-Fi 802.11ac, Bluetooth v5.0, GPS/ A-GPS, and NFC. Nokia 8 Sirocco customers on Airtel will also get an extended free subscription to the Airtel TV app till 31 December 2018.
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Deloitte's Sports Business Group said the 20 clubs in England's top flight saw revenue increase by almost 1 billion pounds (1.4 billion US dollars) to 4.5 billion pounds (6.4 billion USA dollars) in the 2016/17 season, a new record.
The combined revenues of premierleague clubs rose by nearly 1 billion pounds ($1.4 billion) into a list 4.5 billion lbs in the 2016/17 season.
Moreover, the league's 2019-22 TV auction looks likely to generate nowhere near such a turnover jump for clubs in 2019-20 as in 2016-17, although growth in global markets is generally expected to produce some upward momentum. But even if that is not achieved, the league's growing global broadcast revenues should more than fill the deficit.
As stated, the figures above do not include transfer costs, which for accounting purposes are spread over the length of a player's contract, and the price of talent continues to rise.
With UEFA's broadcasting rights cycle for club competitions running from 2018-21, the Premier League's Big Boys may be helped out by an increase in the sums they earn from the Champions League.
English clubs' financial strength has allowed them to spend a record-breaking £1.9bn on transfers this season and that trend is forecast to continue this summer. "We may again see similar levels of spending in the coming season, with the FIFA World Cup providing the flawless shop window for talent, but expenditure remains well within the means of clubs".
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