There’s a certain amount of boosterism going on in this report from Ernst & Young on the economic contribution of the Premier League and it would be interesting to check some of the methodology. For example, do the figures on tax treat VAT in gross or net terms?
There’s a certain amount of boosterism going on in this report from Ernst & Young on the economic contribution of the Premier League and it would be interesting to check some of the methodology. For example, do the figures on tax treat VAT in gross or net terms?
Nevertheless, the Preniership is an important part of the UK economy. Indeed, one could argue that its most important contribution is to exports and raising the profile of the UK internationally, although the latter is difficult to quantify.
Anyway, the report reckons that the competition contributes £3.4bn to UK GDP. It provides over 100,000 jobs and that’s full-time equivalents rather than counting each casual steward as a complete job. It also makes an annual tax contribution of £2.4bn.