What is your view on how football can become more sustainable? Net debt: 11m Insider Northern Ireland Dealmakers Awards 2023, Currency risk threatens international trade, Transport group completes management buyout, Aston Martin has renewed confidence despite losses widening, Argos depots lined up to close in Sainsburys logistics restructure, Paypoint eyes growth after completing Appreciate deal, New vice president for the British Ceramic Confederation, Terriers partner with plumbing supplies firm, IT firm becomes Leeds United Business Club partner, EFL issues update on proposed Sheffield United takeover, Nottingham Forest chief executive steps down, Dudleys targets further growth following 2022 turnover rise, Go-ahead for negotiations to secure future of John Smiths Stadium, Workwear provider becomes LUFC Business Club member, Velocity Composites expands with $100m GKN agreement. The EFL charge relates to "how and when" the stadium was sold and its early inclusion in the 2018 accounts. "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. News . Clubs - Championship 22/23 . Wages and salaries: 10.4m Bank: Barclays Leeds United 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. Huddersfield Town / Owned by: Staprix NV, a company registered in Belgium, which is 95 per cent owned by Roland Duchtelet Turnover: 24m (23.4m) Derby County (August 18, 2022). Bank: Barclays Harvey explained that the financial fair play rules are aimed at staunching the huge losses made by Championship clubs. Narin Niruttinanon and his Thai consortium took control at Madejski Stadium in September 2014 and has since admitted it was difficult to "actually understand the magnitude" of how much needed to becommittedto the club. Company name: Milton Keynes Dons Sharpe, who is now an agent, says that "a salary cap is the only way to solve the problem". Sitemap | Terms & Conditions | Privacy Policy & Cookies. "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.". Preston North End / Of the clubs in the Championship during 2012-13, only four made a profit, of 8.3m in total. Bank: HSBC Company name: Birmingham City plc The club has amassed almost 30m of debt with HMRC, owes a further 20m to the US. Wages and salaries: 14.4m Pre-tax loss: 20.3m (-9.4m) Clearly intent on promotion, he has continued to back Aitor Karanka's side in the transfer market and will expect them to be challenging come May. "Clubs, however, must be given the freedom and flexibility to strive for success within the parameters of the regulations. Register in seconds and access exclusive features. QPR say their 38m loss is partly because of a 20m fine already imposed by the EFL under previous Financial Fair Play rules, and that this would not count towards the spending limit. Welcome to the 26 th edition of the Deloitte Football Money League, an annual profile of the highest revenue generating clubs in world football. Southend also announced "working capital" funds had been injected to help the club over the coming months. The loans totalling 76m are all owed to Gibson. Y/E: 30 June 2014 Bank: Barclays 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. The time has come to build on our traditions and write new chapters. Capacity of English Premier League stadiums 2022-2023, by club, Average match attendances in the English Premier League 2021-2022, by club, Yearly value of shirt sponsor deals in the English Premier League 2022-2023, by club, Average yearly salary of English Premier League players 2022-2023, by club. Pre-tax profit: 9.4m (-25.6m) League Two / Clubs that spend beyond their P&S limit can face sanctions, such as a transfer embargo or a points deduction, as happened to Birmingham City last season. Be sure not to miss out on the latest news about Manchester United The Berkshire club were docked six points earlier this season after the EFL said the club exceeded permitted losses by 18.8m. Figures from Deloitte show that parachute payments, designed to help relegated clubs absorb big losses in revenue caused by dropping out of the top flight, are having a significant impact on the revenue inequality within the Championship. PNE lost 16.8m on 13.8m revenue, wages to turnover at 176%, (interest-free) gross debt up to 77.4m. Owned by: Dean Hoyle, founder of discount greeting cards chain Card Factory Reading In, Deloitte. Only Real Madrid (605m) and Manchester City (619m . Net debt: 179.6m Wages and salaries: 24m The sale of Joe Gomez to Liverpool will no doubt help to balance the books in 2015/16. He said he "would not be surprised" if in the next five years a Championship club entered administration and dropped out of the Football League. You only have access to basic statistics. Turnover: 38.1m (59.3m) Trevor Hemmings, who became the joint most-successful Grand National owner when his horse Many Clouds sealed victory in April, has slashed North End's debt by more than 50m since delisting them from AIM in 2010 after 15 years as a public company. The Rams were docked 12 points for entering administration before a further nine-point docking for historical financial breaches. "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. Available: https://www.statista.com/statistics/1336333/net-debt-premier-league-championship-clubs/, Net debt of clubs in the Premier League and Championship in England from 2017 to 2021, Available to download in PNG, PDF, XLS format, Revenue of the leading European soccer leagues 2006-2023, Revenue of the leading European soccer leagues 2011-2023, by country, Brand value of the leading European soccer leagues 2018-2022, by league, Market size of European soccer leagues 2011-2021, by league type, Commercial revenue of the leading European soccer leagues 2014-2021, by league, Money spent on transfers by clubs in the leading European soccer leagues 2012-2021, Wage costs of the leading European soccer leagues 2016-2021, by country, Profitability of the leading European soccer leagues 2013-2021, by country, Revenue of English Premier League clubs 2011-2023, by stream, Brand value of selected English Premier League clubs 2011-2022, Value of English Premier League media rights worldwide 2007-2025, by region, Revenue and wage costs of English Premier League clubs 2016-2021, Revenue and wage costs of English Premier League clubs 2020-2021, by club, Net debt of English Premier League and Championship clubs 2017-2021, Revenue of German Bundesliga clubs 2008-2021, by segment, Market value of German Bundesliga clubs 2021-2022, Expenditure of the German Bundesliga 2008-2021, by segment, Total shirt sponsorship revenue of clubs in the German Bundesliga 2012-2021, Shirt sponsorship revenue of clubs in the German Bundesliga 2020-2021, by club, Yearly value of stadium naming rights in the German Bundesliga 2021-2022, by club, Number of staff in the German Bundesliga 2021-2022, by employment type, Average yearly salary of German Bundesliga players 2022-2023, by club, La Liga: TV rights revenue of football teams 2021-2022, Most valuable Spanish football clubs 2023, La Liga: average player salary 2020-2021, by club, La Liga: highest-paid footballers 2021-2022, La Liga: top goal scorer players 2021-2022, La Liga: average football match attendance 2021-2022, by team, Market value of Italian Serie A clubs as of September 2022, by club, Expenditure distribution of the Italian Serie A 2010-2021, by type, Money spent on transfers by clubs in the Italian Serie A 2010-2021, Leading Serie A soccer players in Italy as of September 2022, by market value, Average yearly salary of Italian Serie A players 2022-2023, by club, Total attendance in the Italian Serie A 2021-2022, by club, Average match attendances in the Italian Serie A 2021-2022, by club, Capacity of Italian Serie A stadiums 2022-2023, by club, Revenue of French Ligue 1 clubs 2013-2021, by stream, Market value of selected French Ligue 1 clubs 2022-2023, Money spent on transfers by clubs in the French Ligue 1 2010-2021, Aggregated transfer value of French Ligue 1 squads 2021, by club, Average yearly salary of French Ligue 1 players 2022-2023, by club, Average match attendances in the French Ligue 1 2021-2022, by club, Attitudes of French adults towards selected football competitions 2021, Yellow cards for time wasting per game in the English Premier League 2015-2023, Share of in-play game time in the English Premier League 2012-2023, In-play time in the English Premier League 2012-2023, Yellow cards for time wasting in the English Premier League 2022-2023, by club, English Premier League: number of Twitter followers in 2022, by club, Players with the most appearances in the English Premier League 1992-2023, Leading goal scorers in the English Premier League 1992-2023, Interest in the English Premier League in the U.S. 2021, Most expensive English Premier League transfers 2023, Leading Premier League goalscorers 2021/22, Interest in the English Premier League in the U.S. 2021, by age, Interest in the English Premier League in the U.S. 2021, by gender, Goalkeepers with the most clean sheets in the English Premier League 1992-2023, Gender distribution of Premier League viewers in the UK in 2021, Football League Championship: total attendance in the UK from 2010/2011 to 2020/2021, Total aggregate attendance English Premier League 2021/22, Net spend of English Premier League clubs on transfers 2021-2022, Public opinion on who will win the English Premier League 2021/22, Football League Championship: average game attendance in the UK from 2010 to 2021, Net debt of clubs in the Premier League and Championship in England from 2017 to 2021 (in million GBP), Find your information in our database containing over 20,000 reports. The separate categories of turnover are rounded down or up, so added together do not always tally with the total turnover figure. Wages and salaries: 38.6m Owned by: Redrow founderSteve Morgan throughBridgemere UK plc Bank: Barclays .css-cumn2r{height:1em;width:1.5em;margin-right:3px;vertical-align:baseline;fill:#C70000;}The dire financial state of the Football League Championship has been revealed by a Guardian analysis of the 24 clubs' most recent accounts, which shows they owed a combined debt of almost 1bn. Joint-chairman John Coates said at the time: "Clearly we've had a Covid-affected year and we didn't take any Governmental help. Of the 24 sides in the Championship, Town's net debt figure of 62.3m is only the 10th-highest, and the most recent . Chairman Phil Gartside has previously described Davies' support as "humbling" but it's no secret the businessman is now looking for an exit. Pre-tax profit: 8.5m (-33.1m) 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. Huddersfield's losses for their most recent financial year are expected to be in the region of 6m. 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 Championship / After reaching the playoffs last season, the Bees will be hoping to go one better this time around and make the step up to the Premier League under new manager Marinus Dijkhuizen. Net debt: 182.1m Championship clubs, including Cardiff City, have together amassed more than 1.1bn of debt, exclusive research compiled by Insider has revealed, highlighting the alarming state of some of the teams who are battling to reach the top tier of English football. E: michael.stachini@newsco.com, Next article: Cardiff City ranked in Championship debt table, Previous article: Jobs lost following signage manufacturer collapse, Newsco Insider Limited | Registered in England and Wales with Number 02709518 rights reserved Auditor: KPMG Wages and salaries: 60.4m Air Asia tycoon Tony Fernandes and steel magnate Lakshmi Mittal wrote off loans worth 60m during the year, but QPR's accounts nevertheless make for grim reading. Type in the area above to perform a search. Prutton assesses West Brom, Fulham and Sheff Utd's chances of success, Reading were docked six points this season for a breach of profit and sustainability rules, Bristol City are in their seventh consecutive season in the Championship, Stoke City are in their fourth season outside the Premier League, Despair for Andy Carroll as he scores two superb goals - only for both to be ruled out, Where last 10 Championship top scorers are now from Premier League to non-league. Don't miss out on any Football League action with our EFL72 email update! Figures come from published 2017-18 accounts of each club company or group structure. They immediately put the club into a debt of 525m after taking out several big loans. Chart. Reading / But if they don't achieve promotion, they will have to cut spending significantly in the third season - by possibly selling players or assets - to bring them under the 39m limit. At least three Championship clubs have been earmarked as being under intense scrutiny with regards their financial situations. Turnover: 13.9m (14.9m) The Shrimpers sit sixth in the National League, looking to make a push for the play-offs. Net debt of clubs in the. Wages and salaries: 66.4m 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. Auditor: Levy + Partners Owned by: Venky's London Ltd, owned by V H Group, an Indian company with interests in poultry, processed food, animal vaccines and pharmaceuticals Net debt: 19.2m The club lost a staggering 20.3m as falling gate receipts and TV revenue contributed to a drop in turnover. Turnover: 91.3m (73m) Sharpe, who took over Wigan from grandfather Dave Whelan in 2015, said the family were putting in "nearly 1m a month just to keep it going" despite having the fourth-lowest wage bill in the Championship. Auditor: Cassons Business Advisers We use cookies to make your experience better. Net debt is as stated in the accounts; debts minus cash held at the bank. "However, clearly it is a completely interest free loan that is provided and we remain totally committed to the club. Stewart has pumped more than 30m in over the last seven years. Photograph: Michael Regan/Getty Images, Club-by-club guide to Championship finances. 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. - and their ground sales. [Online]. 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. 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: Middlesbrough Football & Athletic Company (1986) Company name:Sheffield Wednesday Football Club Pre-tax loss: 20.4m (-18.5m) It's little over two years since Shahid Khan bought Fulham from Mohamed Al Fayed then a Premier League club. 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. This increase is largely due to a c.1 billion (43%) increase in broadcast revenue, owing to rebates and deferrals in the previous (19/20) season. 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. As always you can unsubscribe at any time. Championship clubs receive 64% of the money, which means they are paid 1.7m each, a dominance itself resented by League One and Two clubs. Something went wrong, please try again later. Three-quarters of the clubs in the Championship responded, although it is not known if Huddersfield Town and Sheffield Wednesday were among this number. Subscribe to Daily Star and Daily Star On Sunday newspapers, Tennis star who is also lingerie model wins first title in two years and admits 'surprise', Tennis star and lingerie model Camila Giorgi has celebrated her first WTA title for almost two years after storming to a three-set victory over Rebecca Peterson, BBC Sport star who said her 'boobs honked car horn' exposes vile 'human toilet' troll, Emma Louise Jones has grown used to over-confident and at times creepy fans entering her direct messages on social media, but one fan may have trumped all of their strange messages, 'I went on date with Miss California - she changed when Ronaldo tapped my shoulder', Danny Simpson has explained how a date of his once completely changed in attitude after Cristiano Ronaldo tapped him on the shoulder during a dinner in Los Angeles, Ebanie Bridges has perfect reply when fan moans about hot OnlyFans content, IBF female bantamweight world champion Ebanie Bridges is currently sidelined from the boxing ring after surgery, but that hasn't stopped her wowing fans on the net, Alisha Lehmann told she is 'perfect' in new post after opening up on social media fame, Alisha Lehmann's remarkable social media stardom can often overshadow her efforts on the pitch for Aston Villa and Switzerland - but she's fully focused on her career, NFL prospect Jalen Carter facing arrest warrant over crash that killed team-mate, Georgia Bulldogs player Devon Willock and staff member Chandler LeCroy were both killed in a car crash in the Athens area of Georgia in the early hours of January 15, Peter Wright got wacky hair idea from his daughter - but once had to use wig instead, Peter 'Snakebite' Wright has become an icon in darts, with the Scottish star every bit as popular for his flamboyant appearance as he is for his two world title wins, Jurgen Klopp says if any club can get fourth it's Liverpool - but fans claim 'bull****', Liverpool manager Jurgen Klopp remains confident his side can finish in the top four and qualify for the Champions League despite their below par performances this season, Roy Keane lays into Declan Rice and says 100m-rated West Ham star 'doesn't do enough', Roy Keane gave Ian Wright a death stare after being stopped in his criticism of Declan Rice - who 'needs to do a lot more' if he is going to join a Champions League club, Lingerie model tennis star has 'no real friends on tour' but huge Instagram following, Italian tennis star Camila Giorgi has over 680,000 followers on Instagram, and it's easy to see why given the abundance of raunchy lingerie snaps she uploads, Antiques Road Trip presenter makes jaw-dropping profit at auction on 20 item, Antiques Road Trip presenters Irita Marriott and Mark Hill couldn't hide their amazement after Mark gained eleven times what he spent on the 20 bus master signs at auction, Only people with 'extraordinary intelligence' can spot giraffe in 11 seconds, The optical illusion will test your eyesight and leave you scratching your head for a few minutes. Auditor: Edwards Chartered Accountants 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. 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. Wages and salaries: 34.5m Leeds' accounts make for complicated and pretty grim reading. Turnover: 6.1m (9.9m) 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. Crystal Palace reported profits of 1.6m and Watford's accounts show a profit of 190,000. Championship clubs, including Cardiff City, have together amassed more than 1.1bn of debt, exclusive research compiled by Insider has revealed, highlighting the alarming state of some of the teams who are battling to reach the top tier of English football. To use individual functions (e.g., mark statistics as favourites, set Charlton Athletic The financial gap between the top two divisions is the widest since the Football Leagues First Division clubs broke away to form the Premier League in 1992 and stopped sharing their television money with the other three divisions. The Championship's FFP rules were introduced in April 2012 set limits for losses and sanctions including transfer embargoes for overspending. Auditor: KPMG What you can expect: Turnover: 32.6m (32.1m) E: david.casey@newsco.com, Michael Stachini, Professional & Financial Services Manager Bolton Wanderers / 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. 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. Or by navigating to the user icon in the top right. Net debt: 14.6m Net debt: 24m Wages and salaries: 4.8m 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). Queens Park Rangers / Owned by: Tony Bloom, a sports bettor and property investor Auditor:BHP Chartered Accountants Ipswich Town / 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. Blackburn and Stoke reported a combined net debt of 248m while eight Championship clubs reported net debt in excess of 50m. Bank: State Bank of India Auditor: Cvr Global 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.". Profit from the additional features of your individual account. Guardian analysis of the most recent accounts for the Championship clubs shows a combined net debt of almost 1bn. Wages and salaries: 27.6m Brentford 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 Y/E: 30 June 2014 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. 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. Results will appear on the next page. Burnley / Despite manager Gary Rowett stabling the Blues' on field performance, the club's off field future is much less certain. Sitemap | Terms & Conditions | Privacy Policy & Cookies. Pre-tax loss: 8.7m (-4.5m) Each studio offers industry-leading Master Fitters and Master Builders who fit and handcraft every club to your unique needs. Auditor: Jacksons As well as Reading, Derby County were handed points deductions this season. - Championship debt hits 1.1bn - Losses break the 200m mark Birmingham City Company name: Birmingham City plc Owned by: Birmingham International Holdings, a Hong Kong-listed group now in receivership Turnover: 20.1m (24.2m) Pre-tax loss: 5.5m (-4.1m) Net debt: Not stated Total loans: 11.7m Wages and salaries: 18m Bank: HSBC August 18, 2022. and in other cases bank debt and deferred payments to creditors including players and senior managers have helped. Middlesbrough / By using our services, you agree to our use of cookies. Please do not hesitate to contact me. 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. Results will appear on the next page. A leaked questionnaire has highlighted just how much Championship clubs are paying out. 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. As always you can unsubscribe at any time. Pre-tax loss: 7.9m (-7.6m) The largest profit was recorded by Blackpool (4.6m profit before tax) followed by Barnsley at 1.9m. Cardiff City / As soon as this statistic is updated, you will immediately be notified via e-mail.
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