Kieran Magure has documented how much clubs - including the Owls, Manchester United and Scottish giants Celtic and Rangers - were paying 17-years ago compared to now, also working out the percentage difference which makes for interesting reading.
To see the results and how Sheffield Wednesday compare to other British clubs, simply scroll down and click through the pages...
1. Manchester City
Manchester City have enjoyed a meteoric rise since middle eastern investment in the club. In 1992 their wage bill was £4m, now it’s £315.8m. That’s an increase of 7862%. Photo: Getty Images
2. Chelsea
The Roman Abramovich era has seen the London club splash the cash. In 1992 their wage budget was £4.5m, now it is £285.6m. An increase of 6206%. Photo: Getty
3. Manchester United
The Premier League era’s most successful club, Manchester United’s wage bill has grown from £7.6m in 1992 to £332.2m in 2020. That’s an increase of 4280%. Photo: John Peters
4. Liverpool
The Premier League winners in waiting, Liverpool’s wage bill has grown from £7.7m in 1992 to £310m in 2020. A rise of 3945%. Photo: Getty Images