The cumulative payroll of clubs in European first divisions reached €9.2bn in 2011-12 (or 2012 for championships played in the calendar year), according to the Sixth Club Licensing Benchmarking Report, published by UEFA (Union of European Football Associations) on 17/04/2014. This figure represents an increase of 58.6% since 2006-07 (€5.8bn)...
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