Premier League revenues have crossed the three billion pound mark in the recent season with major clubs like Manchester City and Liverpool at the helm for increasing overall revenues.
Analysts at Deloitte have revealed that the figure has been hit just four years after crossing the two billion pound mark and revenues have doubled in seven years.
According to BBC, there were positive signs in the Premier League, with revenues rising to 2.5 billion pounds for the first time, but the perennial issues of high wages and debts remained as Clubs' aggregate net debt grew by 139 million pounds by summer 2013.
The report also added that in 2013-14 top flight clubs benefitted, on average, from an extra 25 million pounds in broadcast revenue.
Dan Jones, head of Deloitte sports team said that it was a remarkable achievement in isolation, but phenomenal in the wider economic context of that same period.
He further added that the battle between TV firms for Premier League rights was significant to driving the league's revenues higher.
