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. You can only download this statistic as a Premium user. Turnover: 30.6m (28.5m) Net debt is as stated in the accounts; debts minus cash held at the bank. Auditor:BHP Chartered Accountants Pre-tax loss: 9.5m (-13m) Owned by: Birmingham International Holdings, a Hong Kong-listed group now in receivership Blackburn Rovers / Pre-tax loss: 10.6m (-15.3m) Bank: HSBC Bolton Wanderers / Owned by: Fawaz Mubarak Abdulaziz Al-Hasawi and Abdulaziz Mubarak Al-Hasawi Blackburn and Stoke reported a combined net debt of 248m while eight Championship clubs reported net debt in excess of 50m. Reasons for the European Super League, part 2: the 12 clubs have 5.6 bln of debt, per UEFA's definition of financial debt (3.5 bln) and transfer debt (2.1 bln). What you can expect: Company name: Charlton Athletic Football Company Derby County Auditor: Cassons Business Advisers Owned by: Shahid Khan, a US-based billionaire who also owns Jacksonville Jaguars in the NFL, via Cougar Holdco London Ltd and Bermuda investment company Big Cat Holdings Net debt: 11m 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. The EFL said that it has "demonstrated that appropriate action will be taken in accordance with our regulations when breaches are identified". League Two / Net debt: Not stated It added: "But it is important to acknowledge that the majority of EFL clubs are well supported by experienced owners and their boards, who are very aware of the economic challenges faced when operating a football club.". He added: "People talk about a new TV deal but it will all just go back to the players ultimately and the clubs and owners that want to gamble will just give out higher wages. Huddersfield Town / New P&S rules introduced by the EFL from the 2016-17 season allow the majority of clubs 39m in losses over three seasons. Championship Club Finances. Steve Morgan continues to bankroll the club as they seek a Premier League return under Kenny Jackett. A leaked questionnaire has highlighted just how much Championship clubs are paying out. Wages and salaries: 66.4m Bristol City / Under the EFL's profit and sustainability rules, clubs who incur losses of more than 39m over a three-year cycle are subject to a punishment. Company name:Rotherham United Football Club (RUFC) Ltd Additional reporting by BBC Sport's Jack Skelton. Owner Birmingham International Holdings is in receivership with Carson Yeung, its largest shareholder, facing money laundering charges in Hong Kong. Pre-tax loss: 20.3m (-9.4m) Auditor: PwC Learn more about how Statista can support your business. Transfers & rumours . Sitemap | Terms & Conditions | Privacy Policy & Cookies. Something went wrong, please try again later. The EFL determined the Royals lost 57.8m between 2017 and 2021 - the EFL's limit for that period is 39m. "If we can achieve what we're aiming for in terms of a sustainable operating model, I believe the EFL has a very strong future.". The debt figure paints an alarming picture of the difficulties for many clubs to adjust to life in the Championship after dropping out of the Premier League. Although there was an exodus of players last summer, the Cottagers splashed out about 18m on players over the past 12 months, although recouped about 11m through the sale of Patrick Roberts. Auditor: KPMG Wages and salaries: 3.5m Auditor: Nyman Libson Paul The division's severe difficulties are caused principally by the financial chasm between the Championship and the Premier League, which means promotion, which will be claimed by either Derby County or Queens Park Rangers in Saturday's Wembley play-off final, is worth at least 120m. Company name: Fulham Football Club Wages and salaries: 30.1m Turnover: 38.7m (60.6m) August 18, 2022. These comprehensive custom club fittings help you play . Bank: Barclays The most controversial and important figure that was brought to light is the penalty or 'break-up fee' that the founding clubs would incur since they have pulled out of the European Super League. The 2023 U.S. Open Championship will be held at The Los Angeles Country Club, Los Angeles, CA June 12-18, 2023, for the first time. Wages and salaries: 18.8m Championship / Preston North End / They were a combined 947m in debt, mostly to owners supplying interest-bearing loans to pay wages of players they hope will claim the lucrative prize of Premier League promotion. 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) 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). Turnover: 79.9m (14.6m) Net debt: 37.4m Bolton Wanderers Use Ask Statista Research Service. 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. Guardian analysis of the most recent accounts for the Championship clubs shows a combined net debt of almost 1bn. Owned by: InterMK Group Ltd, which is wholly owned by Pete Winkelman. Sharpe said the "only reason" the Whelan family sold Wigan to the Hong Kong-based company International Entertainment Corporation was because they did not see the "scary" financial situation improving. Preston North End / Championship / Leeds' accounts make for complicated and pretty grim reading. As soon as this statistic is updated, you will immediately be notified via e-mail. Net debt: Not stated "However, although these measures . We guaranteed wages and didn't make redundancies. Investment in Neil Lennon's playing squad has been sparse this summer. The three clubs - Wolves, Fulham and Cardiff - to post the highest pre-tax losses all did gain promotion to the Premier League that year. T: 0161 907 9729 Y/E: 30 June 2014 "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. Bank: Barclays Get full access to all features within our Business Solutions. Wages and salaries: 60.4m You can find the financial figures for 2012-13 for the 24 clubs in the downloadable spreadsheet below. Pre-tax loss: 42.1m (-36.5m) and in other cases bank debt and deferred payments to creditors including players and senior managers have helped. 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. Wages and salaries: 18m Bolton Wanderers / Wages and salaries: 10.4m In November 2014, clubs agreed to a new set of rules from 2016-17 whereby finances will be monitored over three seasons during which a 15m loss is permitted. Auditor: Deloitte Compact. Company name: Middlesbrough Football & Athletic Company (1986) Business Solutions including all features. He has said the club are now debt free and has backedCarlos Carvalhalin the transfer market this summer, bringing in the likes of Marco Matias andLucas Joo. Auditor: Jacksons Wages and salaries: 20.1m Closer to home we are self sufficient, NCFC is not bleeding money and we don't rely on wealthy . Turnover: 3.3m (3.9m) Company name: Burnley Football & Athletic Company Please create an employee account to be able to mark statistics as favorites. Turnover: 13.9m (14.9m) Wages and salaries: 18m Turnover: 25.3m (28.6m) League One / Premier League / Turnover: 12.8m (14.2m) Brighton & Hove Albion Preston North End are in a net funds position thanks to owner Trevor Hemmings' decision to wipe more than 34m off its balance sheet during the club's latest accounts filed at Companies House. Turnover: 12.7m (11.9m) Three-quarters of the clubs in the Championship responded, although it is not known if Huddersfield Town and Sheffield Wednesday were among this number. The newly promoted club have a 20m interest-free loan from Lansdown, who continues to bankroll the Cherries. Last updated on 12 December 201912 December 2019.From the section Championship. "It should also be remembered that 'operating profits' are not the primary aim of most professional clubs, with owners opting to compete for success in what is an increasingly competitive marketplace.". 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. 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. The Football League imposed a transfer embargo last December which has restricted manager Dougie Freedman from reshaping his squad this summer in the way he would've perhaps liked. 2 Footie clubs in England have racked up tax debts worth over 140 million since the start of the pandemic Credit: Alamy Premier League clubs owe 49.5million in unpaid taxes including VAT.. In 2017-18 those receiving parachute payments had a total revenue of 51m against 21m for those without. Increasingly club owners are having to invest more money just to avoid relegation and that cannot continue indefinitely as owners will run out of money and football could run out of owners, Harvey said. The rules allow clubs to lose 3m this year, plus a further 5m if paid in by an owner. The 'red flag' signs of early financial distress in the 72 clubs in the Championship and Leagues One and Two virtually doubled, rising from 17 English clubs last year to 33 in March 2021. . Promotion to the Premier League instantly inflated the club's turnover and allowed them to cut net debt by 8m and turn a profit. Company name: Brentford FC Ltd Middlesbrough / Parachute payments will help, as will the multimillion-pound sales of Tom Ince, James Chester and Robert Brady. Pre-tax loss: 5.5m (-4.1m) Type in the area above to perform a search. Bank: Barclays Blackburn Rovers / Total loans: 11.7m Results will appear on the next page. Turnover: 19.6m (15.3m) Pre-tax loss: 33m (-2.7m) Reading / Owned by: Isle of Man businessman Eddie Davies, a self-made millionaire, and Fildraw Private Trust, a company registered in Bermuda Bank: Lloyds Rotherham United / Bank: Royal Bank of Scotland The 2015 year-end figures are expected to make for similar reading, although Steve Bruce's side are currently facing up to life outside of the top division. Debt of almost 1bn its largest shareholder, facing money laundering charges in Hong.... A 20m interest-free loan from Lansdown, who continues to bankroll the Cherries Yeung, largest. Revenue of 51m against 21m for those without have a 20m interest-free loan from Lansdown, who continues bankroll! Turn a profit for 2012-13 for the 24 clubs in the accounts ; debts minus held! Holdings is in receivership with Carson Yeung, its largest shareholder, facing money laundering in. Statistic as a Premium user, its largest shareholder, facing money laundering charges in Kong! 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