Premier League wages hit a record-breaking £2billion in 2014/15. But clubs in the top division have proved they can absorb the jump in pay costs after reporting a combined pre-tax profit for the second successive year - for the first time since 1999. The pre-tax figure of £120m is down 36 per cent on last years record profit of £190m.That takes account of clubs spending a record £870m on players in the summer 2015 transfer window.When not including transfers, Premier League clubs posted an aggregate operating profit of more than £500m, the second highest figure in the history of the competition.The perennial problem for Premier League clubs was to convert impressive revenue growth into profitability, said Dan Jones, partner in the Sports Business Group at Deloitte.We saw this problem solved with record-breaking results last year. The new challenge was to sustain this financial success, and the Premier League clubs have accomplished this in impressive style in the latest results.Of the 20 clubs in the Premier League, 17 recorded an operating profit in 2014/15.Premier League clubs now enjoy a significant revenue advantage over all but a handful of the biggest clubs from elsewhere in Europe, said Adam Bull, senior consultant in the Sports Business Group at Deloitte.This has earned them a huge and self-perpetuating advantage over continental peers in terms of attracting playing talent. The Premier League is particularly attractive to investors from around the globe. Also See: Premier League video Fixtures Table Live on Sky Brandon Coleman Jersey . LOUIS -- Rookie Tavon Austin has missed another day of practice, lessening the odds hell be ready for the St. http://www.authenticfootballshopsaints.com/Youth-Michael-Hoomanawanui-Elite-Jersey/ . Having already announced that the race will start May 9 with three stages in Northern Ireland and Ireland and finish in Trieste on June 1, the rest of the route was unveiled Monday. http://www.authenticfootballshopsaints.com/Youth-AJ-Klein-Elite-Jersey/ . LOUIS -- St. Sheldon Rankins Jersey . The Cincinnati Reds remain perfect with their speedy rookie outfielder in the starting lineup. http://www.authenticfootballshopsaints.com/Youth-Will-Lutz-Elite-Jersey/ . -- Patrick Reed got an early start in golf. CHAPEL HILL, N.C. --?North Carolina?offensive lineman John Ferranto will miss the season with a torn pectoral muscle.Team spokesman Kevin Best on Friday said Ferranto injured his left pectoral muscle during a training workout on Monday, and had surgery two days later at UNC Hospitals to repair it with an expected recovery time of six months.Ferranto is a senior who was listed on the preseason depth chart as the starter at right guard for a North Carolina team comiing off an 11-win season that included the programs first Atlantic Coast Conference Coastal Division championship and its first top-10 ranking since 1997.ddddddddddddHe has 17 career starts and moved from left tackle this spring to help replace Landon Turner, an AP All-American whos headed to preseason camp with the New Orleans Saints. Cheap Jerseys China NFL Jerseys China NFL Jerseys Wholesale Discount Basketball Jerseys Cheap NHL Jerseys Authentic Cheap Baseball Jerseys Free Shipping Cheapest College Jerseys Sale Cheap Football Jerseys China Nike NFL Jerseys Canada Wholesale NHL Jerseys From China MLB Jerseys Outlet Canada Wholesale NBA Jerseys Canada Store Cheap Soccer Jerseys China Cheap Authentic Jerseys Canada ' ' '