REVEALED: The eye-watering numbers behind PSG’s massive £326MILLION losses in 2022… as big-money contracts for Lionel Messi and Co create football’s highest ever wage bill at £643m and creates possible FFP headache
- Paris Saint-Germain racked up football’s highest-ever wage bill last season
- Additions of Lionel Messi, Sergio Ramos and Achraf Hakimi drove outlay up
- They were added to a squad featuring high-earners Neymar and Kylian Mbappe
- A new report puts PSG’s 2021-22 wage bill at £643m – the biggest ever seen
- It dwarfs the previously highest at Barcelona – who also had Messi – in 2019
- PSG recorded a huge £326m loss in their latest financial figures as a result
Paris Saint-Germain have recorded football’s highest-ever wage bill with the signing of Lionel Messi and others last season pushing their outlay to an eye-watering £643million per year.
There was a 45 per cent leap in the French club’s wage expenditure after they signed Messi, Sergio Ramos, Achraf Hakimi and others at the beginning of the 2021-22 campaign.
Messi reportedly earned £25.6m last season, with his salary added to other big earners at the club including Kylian Mbappe and Neymar.
The signing of Lionel Messi led to Paris Saint-Germain registering football’s highest wage bill
PSG unveil their new signings (left to right) Achraf Hakimi, Georginio Wijnaldum, Gianluigi Donnarumma, Sergio Ramos and Lionel Messi ahead of the 2021-22 campaign
Messi’s salary was added to those of high earners Neymar (left) and Kylian Mbappe (right)
Football Benchmark’s European Champions Report 2023 says PSG’s wage bill for 2021-22, the most recent figures available, is the highest figure ever registered by a football club.
And that is before France star Mbappe agreed his gargantuan new contract at the beginning of the current season, having snubbed Real Madrid, which is apparently worth £547m over three years.
Perhaps unsurprisingly, PSG’s enormous wage bill led them to record a £326m loss in their latest financial figures.
Back in September, PSG were handed a £56m fine by UEFA, of which £9m had to be paid in full, for a breach of Financial Fair Play (FFP) rules.
Barcelona feature heavily in the highest wage bill list when they had Lionel Messi in their team
Messi, 35, has just inspired Argentina to World Cup glory and has just returned to Paris
The remaining balance is dependent on the club meeting FFP targets over the coming years.
As was pointed out on Twitter, the PSG figure dwarfs the previous highest wage bill in football – which was the £478m outlay at Barcelona, whom Messi then played for, in 2019.
The third-highest was also Barcelona, in 2018, when they paid their players £466m.
Indeed, Barcelona feature five times in the top eight on the all-time wage list – and all from the last five years.
But PSG’s desperate quest to win the Champions League for the first time has led them to spend more and more on wages for their stars.
Spanish defender Ramos signed for PSG after leaving Real Madrid in the summer of 2021 and it was reported he was taking home around £440,000 a month after tax.
Hakimi, who signed from Inter Milan for £51m in July 2021, also increased the wage bill. Other signings that summer included the goalkeeper Gianluigi Donnarumma and midfielder Georginio Wijnaldum.
The Football Benchmark report said PSG’s staff costs to revenue ratio was 109 per cent last season.
In the summer of 2022, PSG once again spent big on the likes of Vitinha and Nuno Mendes but it was the new Mbappe contract that once again ramped up their expenditure.