The Premier League's 20 clubs collectively made a loss of £361m last year, after spending all of their record £2.3bn income. Of the clubs which were in the Premier League in 2010‑11, the year of most clubs' latest published accounts, eight made a profit, of £97.4m in total.
The largest profit was recorded by Newcastle United, in their first season back in the Premier League since relegation in 2009. The accounts were published before last summer's transfer business, swollen by the £35m sale to Liverpool of the striker Andy Carroll, which netted £33m profit.
— For what it's worth. - guardian.co.uk