'My first professional wage was £25'

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The proportion of income that Premier League clubs spend on wages hit a new high in the 2010-11 season, says a Deloitte report into football finance.

Clubs in England's top football league paid some 70% of their income on salaries for the first time.

The Deloitte report says that control of wages "continues to be football's greatest commercial challenge".

Former Everton and England mid-fielder, Peter Reid, told the BBC that when clubs "go to the wall" because of the high wages they pay their players, "it's bad business".

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