French club Paris Saint-Germain have set a record for the highest wage bill in football at £643m per year.

The salary bill was accumulated to the previous figure, after the signing of Lionel Messi, Sergi Ramos, Achraf Hakimi and others in the 2021/2022 season, which caused a 45 percent increase in their expenses.

PSG already had huge revenues at the club before the arrival of Messi and others last season, with stars like Kyliam Mbappé and Neymar.

The Football Benchmark European Champions Report for 2023 described PSG’s wage bill for 2021–22 as the highest figure ever recorded by a football club.

The report was before France star Mbappe accepted his new contract at the start of the current season, having turned down Real Madrid, who are reportedly worth £547m over three years.

However, PSG’s massive wage bill could have seen them post a £326m loss in their latest financial figures, according to Daily Mail UK.

In September, PSG was also fined £56m by UEFA, of which £9m had to be paid in full, for breaching the rules of financial fair play.

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