Last updated on 12 December 201912 December 2019.From the section Championship. Pre-tax loss: 5.6m (-3.7m) A company called Trillion Trophy Asia Ltd is in talks with receivers from EY to buy the club. Click here for full club-by-club analysis featuring turnover, ownership, debts, wage bills and the current financial state each are in. Spending on wages in 2017-18 jumped by 11% from the previous year - an 83m increase, according to Deloitte. Auditor: KPMG The Championship trophy comes with the dream prize of life in the . Bank: Barclays Turnover: 30.4m (26.9m) Net funds: 7m There have been questions raised about some clubs - including Aston Villa and Derby - and their ground sales. The club lost a staggering 20.3m as falling gate receipts and TV revenue contributed to a drop in turnover. Owned by: GSE Group and chairman Mel Morris, who has made billions through King Digital Entertainment In 2017-18 those receiving parachute payments had a total revenue of 51m against 21m for those without. Company name: Queens Park Rangers Football & Athletic Club Company name: Preston North End Ltd However, from 2016-17, payments will be made over three years instead of four, while clubs who are relegated after just a single year in the Premier League will only quality for two years' of payments. MK Dons remain reliant on Pete Winkleman, the businessman who was involved in relocating Wimbledon FC to Milton Keynes in 2001. Wages and salaries: 10.4m We use cookies to make your experience better. Turnover: 12.8m (14.2m) Rotherham United The Rams were docked 12 points for entering administration before a further nine-point docking for historical financial breaches. The EFL determined the Royals lost 57.8m between 2017 and 2021 - the EFL's limit for that period is 39m. At least three Championship clubs have been earmarked as being under intense scrutiny with regards their financial situations. Karl Robinson's side are currently adjusting well to life in the Championship and can expect a turnover jump in their current financial year. Y/E: 30 June 2014 In the 2013-14 financial year, the club incurred an actual pre-tax loss of 1.7m but due the release of a 10.2m provision a final pre-tax profit of 8.5m was declared. Of the 24 sides in the Championship, Town's net debt figure of 62.3m is only the 10th-highest, and the most recent . Net debt: Not stated If Leeds get promoted before 2017-18, they will have to pay 4.75m to the liquidator of Leeds United Association Football Club Ltd. Middlesbrough During this season,. As for Boro and Stoke, the other clubs highlighted in the report, they are in their fifth and fourth seasons outside the Premier League respectively. Total loans: 11.7m The league is awaiting the written ruling of an Italian court which has found Cellino guilty of tax evasion, to see if he did so dishonestly, in which case Cellino will be barred from being an owner or director, plunging Leeds into crisis again. Sharpe, who is now an agent, says that "a salary cap is the only way to solve the problem". That is topped up to a total of 4m with 2.3m from the Premier League in solidarity payments, a recognition by the 20 top clubs of the vast financial gap the breakaway opened up. Otherwise the business plan, which albeit required quite a lot of investment from the owner, was relatively sound.". League Two / Y/E: 30 June 2014 Turnover: 20.2m (15.4m) Milton Keynes Dons / League One / Pre-tax loss: 20.3m (-9.4m) A further six-point deduction is suspended until the end of next season, provided they. Then you can access your favorite statistics via the star in the header. Bolton Wanderers remain the side with the largest debt pile of 182.1m the vast majority of which is owed to Eddie Davies, a self-made millionaire through the manufacture of thermostats and kettle parts. Figures represent the combined net debt of clubs at the end of the season. Y/E: 30 June 2014 Cellino, who this year served a Football League ban after failing its 'owners' and directors' test', has since claimed Leeds were close to break-even in 2014-15 with their wage bill down to 10.5m. Despite suffering relegation from the Premier League, the club's balance sheet will have been significantly strengthened by their season mixing it with football's elite. Net debt: 25.6m Y/E: 30 June 2014 Y/E: 31 December 2014 statistic alerts) please log in with your personal account. Y/E: 30 June 2014 Published by Statista Research Department , Dec 9, 2022 This statistic shows English Premier League and Championship clubs' average revenues in the 2019/20 season, by stream. The EFL told the BBC: "Club owners are fully aware of the current financial regulations in place and are cognisant of the risks that such an increase in outgoings can have on sustainability. Investment in Neil Lennon's playing squad has been sparse this summer. Bolton Wanderers / In accounts posted to Companies House for the year ending May 31, 2020, Stoke say they were hit hard by a combination of the pandemic and the continued ramifications of relegation from the Premier League. Pre-tax loss: 9.5m (-13m) Pre-tax loss: 8.7m (-4.5m) By using our services, you agree to our use of cookies. Former Wigan chairman David Sharpe, who sold the club in 2018, said the situation is "frightening" - following a BBC Radio 5 Live Investigation Unit analysis of the Championship's finances. "There are Championship clubs chasing that Premier League dream and when the gamble doesn't come off somebody has to foot the bill and if they can't afford it, the club could end up in administration," he said. "Clubs, however, must be given the freedom and flexibility to strive for success within the parameters of the regulations. Bank: Barclays Meanwhile, Championship clubs saw their combined net debt grow to 1.76 billion British pounds in the same year, following three consecutive years of increases. Turnover: 38.1m (59.3m) Reading / Wages and salaries: 8.9m Bank: Barclays Cardiff City / Bank: Barclays Preston North End / Wages and salaries: 11.8m HOW much debt was each Championship club in after last season? The Championship's FFP rules were introduced in April 2012 set limits for losses and sanctions including transfer embargoes for overspending. Owned by: Redrow founderSteve Morgan throughBridgemere UK plc Net debt: 46.1m "However, although these measures . The club's current liabilities including sums owed to "overseas shareholders and associated undertakings" totalled an eye watering 174m. We also may change the frequency you receive our emails from us in order to keep you up to date and give you the best relevant information possible. Charlton Athletic Invited reflects our proud history of inclusiveness and captures our welcoming spirit. Company name:Rotherham United Football Club (RUFC) Ltd The separate categories of turnover are rounded down or up, so added together do not always tally with the total turnover figure. All the clubs who were in the Championship last season have now published their financial accounts, with the exception of relegated Bolton. Net cash: 590,000 "Net debt of clubs in the Premier League and Championship in England from 2017 to 2021 (in million GBP)." Queens Park Rangers / Wolverhampton Wanderers The Debt figures should be treated with caution as clubs have many different arrangements for dealing with this through either private individuals . (August 18, 2022). Detailed. Ipswich are not in debt to any financial institution with all loans owed to Marcus Evans, the conference and events entrepreneur who has a reported wealth of 765m. This means that we may include adverts from us and third parties based on our knowledge of you. Y/E: 31 May 2014 Pre-tax loss: 33m (-2.7m) We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. This happened recently with Reading. Net debt: 19.2m The rules allow clubs to lose 3m this year, plus a further 5m if paid in by an owner. pic.twitter.com/Ck6YUp0Fbg Swiss Ramble (@SwissRamble) April 19, 2021 Auditor: Edwards Chartered Accountants Something went wrong, please try again later. Chart. Auditor:BHP Chartered Accountants Don't miss out on any Football League action with our EFL72 email update! 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Pre-tax loss: 9.8m (-65.4m) Owned by: Chairman Mike Garlick holds a 31.2 per cent stake, while directors including John Banaszkiewicz and Brendan Flood also have shares The largest profit was recorded by Blackpool (4.6m profit before tax) followed by Barnsley at 1.9m. Company name: NFFC Group Holdings Net debt is as stated in the accounts; debts minus cash held at the bank. After two successive relegations, Wolves secured promotion from League One at the first time of asking and enjoyed a successful 2014-15 season back in the Championship. The fifth-tier club finally settled their 1.4million debt to HMRC on Tuesday; . Hull City As well as seeing revenues hit due to time playing behind closed doors, the transfer market has also been hit making it harder for clubs to cash-in on players where necessary. Losses / Bank: The Co-operative Bank Y/E: 30 June 2014Turnover rose by 3.5m as attendances remained steady at 14,900, but the losses meant a transfer embargo was imposed for breaching Financial Fair Play regulations. "I love going to see Wednesday, but now the whole enjoyment has been zapped out of it before I even enter the ground," he added. Championship sides ran up a record high total of 307m in pre-tax losses in 2017-18, Despite the league also bringing in its highest-ever revenue of 749m, overall spending on player and staff wages exceeded clubs' revenue by 11%, That gap is expected to widen to an all-time high for 2018-19. Owner Birmingham International Holdings is in receivership with Carson Yeung, its largest shareholder, facing money laundering charges in Hong Kong. Reading Company name: Charlton Athletic Football Company The Owls sold their ground to owner Dejphon Chansiri for 60m in June this year, allowing them to record a pre-tax profit of 2.6m for 2017-18, which allegedly helped the club meet P&S rules. Turnover: 88.5m (11.1m) Owned by: Fawaz Mubarak Abdulaziz Al-Hasawi and Abdulaziz Mubarak Al-Hasawi "A salary cap will be hard to pass on a vote but if it doesn't, they have a big, big problem on their hands.". Owned by: Birmingham International Holdings, a Hong Kong-listed group now in receivership Vysyble says more than half of clubs are spending more on wages than they make in income. This is a 63 per cent reduction in the number of financially stressed football clubs since the survey was last carried out in March 2014. Owned by: Pula Sport, owned by billionaire and Hargreaves Lansdown co-founder Steve Lansdown Many teams are recording significant losses over one or two seasons in an attempt to gain promotion to the Premier League. In the 2014/15 financial year, Evans transferred ownership of the club from a Bermuda-registered business to one in the Isle of Man. Cardiff City / Despite the hefty debt figure among the Championship's 24 clubs which works out at an average of 48.5m each a recent report by insolvency specialist Begbies Traynor found that Financial Fair Play (FFP) rules are having an impact. Southend also announced "working capital" funds had been injected to help the club over the coming months. The table below is an edited table of the full account details in the spreadsheet and only shows turnover, wage bill, wages as a proportion of turnover, loss before tax and profit before tax. Y/E: 30 June 2014 Blackburn and Stoke reported a combined net debt of 248m while eight Championship clubs reported net debt in excess of 50m. Bank: HSBC Khan has vowed to support the club financially despite a cut in parachute payments this season. Since the 2015 year-end, Rovers have sold Rudy Gestede to Aston Villa and the departure of top striker Jordan Rhodes to help balance the books remains a possibility. Deloitte say this gap between wages and revenue is likely widen further to what they call an "unwelcome record high" when the 2018-19 accounts are published next year. Auditor: Deloitte You need a Statista Account for unlimited access. Auditor: Gibson Booth Company name: Milton Keynes Dons Turnover: 4.4m (5.3m) Manchester United's huge debts came following the Glazer family's takeover in 2005. Championship / Three-quarters of the clubs in the Championship responded, although it is not known if Huddersfield Town and Sheffield Wednesday were among this number. "It can't continue if the model is just having enough billionaire owners to keep funding it - that's a strange, crazy model because there are only so many people you can attract.". Auditor: KPMG EFL chief executive Trevor Birch said of the financial landscape: "Our job is now to safeguard those clubs for generations to come, and I am encouraged by some of the recommendations put forward as part of the fan-led review, which we hope will deliver a healthier, fairer competition for the long-term. Or by navigating to the user icon in the top right. Wages and salaries: 3.5m Net debt: 79.8m This statistic is not included in your account. PNE lost 16.8m on 13.8m revenue, wages to turnover at 176%, (interest-free) gross debt up to 77.4m. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Hull City / Learn more about how Statista can support your business. Premier League clubs' revenues increased by 8% to c.4.9 billion in 2020/21 following the previous season's drop, which was the first year-on-year fall in total revenue in the Premier League's history. 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Turnover: 24m (23.4m) The dire financial state of the Football League Championship has been revealed by the Guardians analysis of the 24 clubs most recent accounts, which shows they owed a combined debt of almost 1bn. E: andrew.slim@newsco.com, Next article: Asda returns to supermarket second spot, Previous article: Currency risk threatens international trade, Newsco Insider Limited | Registered in England and Wales with Number 02709518 rights reserved The newly promoted club have a 20m interest-free loan from Lansdown, who continues to bankroll the Cherries. Bank: Lloyds Bolton Wanderers made the biggest loss at 50.6m before tax, followed by Blackburn Rovers at 36.5m. Sheffield Wednesday were charged with misconduct by the EFL last month, after an investigation into the sale of Hillsborough to the club's owner, which the EFL allege helped it meet P&S rules. Championship 21.25m 125550000 101350000 96550000 86450000 69600000 66700000 60050000 56700000 52100000 51750000 48700000 45650000 41200000 41075000 40200000 38450000 34475000 33100000 32600000 30175000 29250000 28950000 22400000 21250000 Huddersfield Town / Guardian analysis shows that the 24 clubs in the 2012-13 Championship had a collective net debt of almost 1bn. The various financial issues caused by the coronavirus pandemic have left many clubs struggling to fall in line with the requirements of the three-year cycle. Net debt: 4.6m Other clubs who have amassed large net debts are Queens Park Rangers (179.6m), Ipswich Town (82.4m), Cardiff City (81.1m) and Hull City (64.8m). Results will appear on the next page. Otherwise, it is predicting that in five years' time, the 72 . Championship Club Finances. Get full access to all features within our Business Solutions. "The pyramid is the lifeblood of the game - it has endured for over 100 years and we have to ensure its future for the next 100 years. Its Red Flag Alert Football Distress Report said that just three clubs of the 72 in the Championship and Leagues One and Two are suffering from "serious financial distress". Wages and salaries: 14.5m Clubs that spend beyond their P&S limit can face sanctions, such as a transfer embargo or a points deduction. Harvey said the losses, made by 20 of the 24 clubs, 349m overall, and the reliance on owners funding mostly with loans charging interest prompted the introduction of financial fair play rules which will be enforced for the first time this summer. I was amazed by this table. The multimillionaire has now loaned the club more than 37m since joining in April 2008. Owned by:ASD Lighting Holdings, owned by Tony and Joan Stewart (88 per cent); Brian Becket, Ronald Hull and Lelsie Wilson (3.92 per cent each) Lifelong Wednesday fan Chris McClure told BBC Radio 5 Live his club's situation "shines a light on a bigger problem" within the league and its finances, and he now feels "numb" going to watch his side, with their season in limbo as they await their fate. debt / Total loans: 10.3m Owned by: Venky's London Ltd, owned by V H Group, an Indian company with interests in poultry, processed food, animal vaccines and pharmaceuticals "It's a real problem and it's only going to get worse - thank God we are out.". Rotherham United / Owned by: Staprix NV, a company registered in Belgium, which is 95 per cent owned by Roland Duchtelet Greg Lea is a . Chairman Phil Gartside has previously described Davies' support as "humbling" but it's no secret the businessman is now looking for an exit. Most Super Bowl wins by NFL team 1967-2023, Average ticket price in the NFL by team 2021, FIFA World Ranking: top male soccer teams 2022, Athletic footwear global market share by company 2015, Health & Fitness Clubs - Statistics & Facts, Sporting goods industry in the U.S. - statistics & facts, Profit from additional features with an Employee Account. Owned by:Dejphon Chansiri, whose family controls the Thai Union Frozen Group, the world's largest producer of tuna Net debt: Not stated Using data from the UEFA Club Licensing Benchmarking Report, which looks at figures from the 2016 financial year, this slideshow reveals the 15 European clubs with the most net debt. Carter released a statement later on Wednesday expressing confidence his . Photograph: Craig Brough/Action Images, Club-by-club finances in the Championship 2012-13, worth 195m over three years from 2012-13. The lion's share of the tax debt - 59,127,124 - is owed by clubs which play in the Championship league, with 13,637,069 due from those in League One and 4,848,583 from those in League Two. He added: "It wont be just us - all those Championship clubs who have not been in the Premier League recently but have been challenging to get there.". The combined turnover of the 24 clubs in the Football League Championship amounts to almost 430m, the combined wage bill, in comparison comes in close to 460m. The three clubs - Wolves, Fulham and Cardiff - to post the highest pre-tax losses all did gain promotion to the Premier League that year. He continues to cover the club's ongoing losses and is committed to funding future losses as the Seagulls seek promotion under Chris Hughton. The chart below shows how the clubs compare by turnover, wage bill and wages as a proportion of turnover. A paid subscription is required for full access. Net debt is as stated in the annual accounts of each club; debts minus cash held at the bank. Bank: Lloyds Bank News . Rotherham United / Leeds United / "We can see it coming and it's only been brought about because the transfer market has crashed. If you are an admin, please authenticate by logging in again. Owned by: Dean Hoyle, founder of discount greeting cards chain Card Factory Y/E: 30 June 2014 Milton Keynes Dons / Bristol City Auditor: Chantrey Vellacott DFK Brentford / Turnover: 25.3m (28.6m) Huddersfield Town Each studio offers industry-leading Master Fitters and Master Builders who fit and handcraft every club to your unique needs. Pre-tax profit: 16.4m (-1m) We also may change the frequency you receive our emails from us in order to keep you up to date and give you the best relevant information possible. Sheffield Wednesday / Turnover: 13.9m (14.9m) We welcome you to join us. Wages and salaries: 60.4m If a team has recently been relegated from the Premier League, its limits will be larger - and there are other caveats that allow some clubs to spend beyond the 39m limit. Club name Squad age Foreigners market value Total market value : 629: 26.4 Years: 315: 1.99m: 1.25bn: Watford FC : 30: 26.1: 24: Company name: Reading Football Club Ltd 5 Live's analysis found that the losses detailed on the public annual accounts for five Championship clubs were approaching or exceeding 39 million in 2017-18 alone. Company name: Ipswich Town Football Club Company Hull City / Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Company name: Blackburn Rovers Football and Athletic Auditor: Mazars Turnover: 11m (7.1m) Company name: Birmingham City plc Net debt: Not stated Type in the area above to perform a search. Football website the Swiss Ramble pored through the accounts to reveal the total debt that each club was in - and it makes for fascinating viewing. Bank: Santander Deloitte. "The Championship is not financially sustainable, it's a bubble waiting to burst," he said. Second tier trio Bristol City, Middlesbrough and Stoke City are all said to have proverbial red lights attached to their names with regards their financial health. Closer to home we are self sufficient, NCFC is not bleeding money and we don't rely on wealthy . Bank: Barclays Owned by: InterMK Group Ltd, which is wholly owned by Pete Winkelman. [Online]. The clubs may have to pay a whooping 130million penalty fee, if they do back out, a huge blow for the Premier League teams that have left the table. To turnover at 176 %, ( interest-free ) gross debt up to.! Unlimited access coming months 2012-13, worth 195m over three years from 2012-13 the previous year - 83m... Largest shareholder, facing championship clubs debt laundering charges in Hong Kong can support your business in your.... Went wrong, please authenticate by logging in again your favorite statistics via the in. 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By: Redrow founderSteve Morgan throughBridgemere UK plc net debt is as stated the! Admin, please try again later: Edwards Chartered Accountants Do n't miss out on any Football League with... Please authenticate by logging in again a proportion of turnover under Chris.... The section Championship we use cookies to make your experience better the section.. Of inclusiveness and captures our welcoming spirit finally settled their 1.4million debt to HMRC on Tuesday ; financial.... Transfer embargoes for overspending debt is as stated in the Championship trophy comes with the dream prize of life the...: Edwards Chartered Accountants Something went wrong, please authenticate by logging in..

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