Chelsea are one of the top Premier League teams in terms of performance compared with wages paid to players, figures show.Jose Mourinho's team are 10 points clear at the top of the table but are only the third-highest payers with a wage bill of £192.7million behind Manchester United (£215.8m) and Manchester City (£205m).
Another top performing side are Southampton who are only ranked 16th in the top flight in terms of their wage bill (£55.2m) and yet they are having a stunning season and are currently seventh in the Premier League.
The biggest under-achievers are QPR whose salary bill was almost twice what the club earned in total last season.
A £75.3m wage bill - even from a season when they were in the Championship - makes them the eighth-highest payers yet they are struggling in 19th place and facing the drop to the second tier again.
The wages costs and profits or losses of all top-flight clubs for 2013/14 have been revealed via annual accounts posted at Companies House and overall there is a close correlation between total salary bill and league position, with the current top four in the Premier League also the four biggest payers.
The combined accounts of the 20 clubs shows over overall turnover rose to £3.07billion from £2.3bn in 2012/13 with wages increasing too but at a slower rate and totalling £1.84bn compared with £1.59bn.
The latest figure shows salaries account for 59.9 per cent of turnover compared with 71.7 per cent for the same 20 clubs a year before.
The increase in income is mainly down to the Premier League's lucrative TV deal that came into effect for the first time last season. The cash injection has led to six clubs who were in the red in 2012/13 now reporting a surplus.
Apart from those clubs who were promoted from the Championship last season, only Manchester City, Aston Villa and Sunderland ended the 2013/14 season having made a financial loss.
Premier League director of communications Dan Johnson said the clubs' decision in 2013 to introduce spending controls had also contributed to a positive financial outlook.
Johnson said: "There are two reasons for this. The first is increasing revenues and the second is the financial criteria the clubs have voted in two seasons ago which put financial sustainability at the heart of how they want to go forward."
The measures introduced by the clubs capped the amount they could use TV money to pay for player costs. It also put a long-term limit on a club's overall losses.