Turnover: 38.1m (59.3m) Turnover: 6.1m (9.9m) Net debt: 14.6m 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. The Championship is a "bubble waiting to burst" because clubs are posting record losses in a "gamble" to reach the Premier League. Blackburn Rovers Turnover: 3.3m (3.9m) Closer to home we are self sufficient, NCFC is not bleeding money and we don't rely on wealthy . 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. Profit from the additional features of your individual account. Owned by: Chairman Mike Garlick holds a 31.2 per cent stake, while directors including John Banaszkiewicz and Brendan Flood also have shares Owned by:GPT Football Investment and GPT UK Investment, owned by Narin Niruttinanon (50 per cent); RFC UK Investment owned by Sasima Srivikorn (25 per cent); Universal UK Investment, owned by Sumrith Thanakarnjanasuth (25 per cent) Preston North End / As always you can unsubscribe at any time. 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.. Chart. Second tier trio Bristol City, Middlesbrough and Stoke City are. Pre-tax loss: 42.1m (-36.5m) Brighton & Hove Albion / Net debt of clubs in the. Parachute payments will help, as will the multimillion-pound sales of Tom Ince, James Chester and Robert Brady. "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. We use cookies to make your experience better. Moreover, almost all of the financial debt has come from banks (3.3 bln), compared to only 0.2 bln from owners. Milton Keynes Dons Owned by: Tony Bloom, a sports bettor and property investor Derby County / Company name: Ipswich Town Football Club Company 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. Wages and salaries: 13.9m Pre-tax loss: 9.8m (-65.4m) During the 2013-14 financial year, 18.7m of debt was waived and 15m was issued for the release of shares, representing a reduction in debt of 34.2m. After years of overspending, the club's relegation from the Premier League last season means they face a battle to cut costs and Fernandes has signalled that the days of heavy investment on new players is over. 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. Compact. Turnover: 13.6m (15m) The Bluebirds stemmed losses during the season under review, which covered their 2013/14 Premier League campaign, but the cash owed to chairman Vincent Tan continued to rise. Turnover: 38.7m (60.6m) Action has been precipitated by the large amount of debt which the Football League sees its clubs carrying unless action is taken now. Pre-tax loss: 7.3m (-2.3m) 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. In 2017-18 those receiving parachute payments had a total revenue of 51m against 21m for those without. 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 statistic is not included in your account. Company name:Rotherham United Football Club (RUFC) Ltd Bank: Barclays Manchester United's huge debts came following the Glazer family's takeover in 2005. Owned by: Gibson O'Neill Company, which is itself wholly owned by Steve Gibson and Mike O'Neill Company name: Charlton Athletic Football Company Accessed March 01, 2023. https://www.statista.com/statistics/1336333/net-debt-premier-league-championship-clubs/, Deloitte. 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. Pre-tax loss: 1.7m (-2.5m) Pre-tax loss: 20.4m (-18.5m) 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. Wolverhampton Wanderers /, Andy Slim, Managing Director, North Shaun Harvey, the Football League's chief executive, pointed out that means that the winner of Saturdays match will receive the same from one season in the Premier League as from playing in the Championship for the next 30 years. Get full access to all features within our Business Solutions. Turnover: 20.1m (24.2m) Last May the Potters posted huge pre-tax losses of 88m. Rotherham United / 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. 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 EFL said: "The Premier League does remain an important part of the financial mix across the EFL through the provision of parachute payments and contracted solidarity payments," adding that "this assists in providing clubs with increased clarity when making long-term financial commitments.". These comprehensive custom club fittings help you play . Welcome to the 26 th edition of the Deloitte Football Money League, an annual profile of the highest revenue generating clubs in world football. Company name: Cardiff City Football Club 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. Auditor: Revell Ward Harvey explained that the financial fair play rules are aimed at staunching the huge losses made by Championship clubs. Each studio offers industry-leading Master Fitters and Master Builders who fit and handcraft every club to your unique needs. Even The Ipswich Town owner is worth 750 million. pic.twitter.com/Ck6YUp0Fbg Swiss Ramble (@SwissRamble) April 19, 2021 Company name: Blackburn Rovers Football and Athletic "It's a real problem and it's only going to get worse - thank God we are out.". Many teams are recording significant losses over one or two seasons in an attempt to gain promotion to the Premier League. THE CLUB CHAMPION DIFFERENCE: IMPROVE YOUR GOLF GAME WITH A CUSTOM GOLF CLUB FITTING. Net debt is as stated in the annual accounts of each club; debts minus cash held at the bank. Net debt is as stated in the accounts; debts minus cash held at the bank. Fans perch up on a hill to view the 16th hole green during the fourth round of the Korn Ferry Tour Championship at Victoria National Golf Club in Newburgh, Ind., Sunday afternoon, Sept. 5, 2021. Bristol City / Turnover: 6.1m (5.8m) Sitemap | Terms & Conditions | Privacy Policy & Cookies. The Al-Hasawi family provided additional loans of 24.8m during the year to help support the near 24m loss. 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. football / Y/E: 30 June 2014 Transfers & rumours . 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. Total loans: 76m Birmingham say since their points deduction they have worked to ensure compliance with all necessary regulations. QPR are expected to have made a huge loss this season above the permitted 8m total, so will face a substantial fine if they win Saturdays play-off final. You need at least a Starter Account to use this feature. Leeds United / 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. Clubs that spend beyond their P&S limit can face sanctions, such as a transfer embargo or a points deduction. Derby County and Reading have both received points deductions this season in the Championship, with the Rams' two separate punishments totalling 21 points and Reading. Birmingham City View all Wales newsView more Wales news, Birmingham City / "Net debt of clubs in the Premier League and Championship in England from 2017 to 2021 (in million GBP)." 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 debt / Hull City Y/E: 30 June 2014 Cardiff City Karl Robinson's side are currently adjusting well to life in the Championship and can expect a turnover jump in their current financial year. The average club receiving parachute payments had a total revenue of 13m in 2001-02 against 10m for those without. 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. Chairman Phil Gartside has previously described Davies' support as "humbling" but it's no secret the businessman is now looking for an exit. Wages and salaries: 18.8m The 20 Premier League clubs are now sharing 5.5bn from broadcasters between 2013 and 2016, meaning that even the bottom-placed club will be paid at least 60m from television. Sheffield Wednesday / 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. Sheffield Wednesday deny the charges, calling them "unlawful" and "stands ready, if necessary, to vigorously defend them". ", Deloitte, Net debt of clubs in the Premier League and Championship in England from 2017 to 2021 (in million GBP) Statista, https://www.statista.com/statistics/1336333/net-debt-premier-league-championship-clubs/ (last visited March 01, 2023), Net debt of clubs in the Premier League and Championship in England from 2017 to 2021 (in million GBP) [Graph], Deloitte, August 18, 2022. The rules allow clubs to lose 3m this year, plus a further 5m if paid in by an owner. 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Original reporting and incisive analysis, direct from the Guardian every morning, Shaun Harvey explained that the financial fair play rules are aimed at staunching the huge losses made by Championship clubs. The club's overall revenue of 594million saw them climb from seventh to third in the Deloitte Football Money League for 2021-22. Are you interested in testing our business solutions? Charlton Athletic and in other cases bank debt and deferred payments to creditors including players and senior managers have helped. Pre-tax loss: 9.5m (-13m) 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. Net debt: Not stated Owned by: Pula Sport, owned by billionaire and Hargreaves Lansdown co-founder Steve Lansdown 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. Please create an employee account to be able to mark statistics as favorites. And with United not winning silverware anymore, things will likely not improve in 2020. As well as Reading, Derby County were handed points deductions this season. The club lost a staggering 20.3m as falling gate receipts and TV revenue contributed to a drop in turnover. 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. Of the 24 sides in the Championship, Town's net debt figure of 62.3m is only the 10th-highest, and the most recent . Owned by: Venky's London Ltd, owned by V H Group, an Indian company with interests in poultry, processed food, animal vaccines and pharmaceuticals 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 like Bury did in August. Clubs - Championship 22/23 . E: david.casey@newsco.com, Michael Stachini, Professional & Financial Services Manager 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. Tony Stewart took over at The Millers seven years ago from administrations and has helped to steer them to a secure financial footing. Pre-tax loss: 9.1m (-50.7m) Wages and salaries: 27.6m Investment in Neil Lennon's playing squad has been sparse this summer. 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. to the Hong Kong-based company International Entertainment Corporation was because they did not see the "scary" financial situation improving. Y/E: 30 June 2014 For further information regarding Insider events, please use the contact details below: T: 0161 907 9758
Wages and salaries: 14.5m "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. Preston North End are the fourth 2021/22 Championship club to release financialsand fourth to declare eight-figure loss. Auditor: Nyman Libson Paul A leaked questionnaire has highlighted just how much Championship clubs are paying out. Don't miss out on any Football League action with our EFL72 email update! The three clubs - Wolves, Fulham and Cardiff - to post the highest pre-tax losses all did gain promotion to the Premier League that year. They immediately put the club into a debt of 525m after taking out several big loans. The loans totalling 76m are all owed to Gibson. Pre-tax loss: 8.7m (-4.5m) Net debt: 182.1m The Berkshire club were docked six points, Derby County were handed points deductions this season, Baby's body found in woods in search for arrested aristocrat Constance Marten's missing child as police give heartbreaking update, Prince Harry and Meghan break silence after King Charles evicts them from Frogmore, Doctor 'who delivered Putins secret love kids' dies after revealing 'their existence', Dawn French brings back her signature bob as she shows off her impressive weight loss, Premier League and FA Cup LIVE: Man Utd, Liverpool and Arsenal score updates, King Charles draws up 'range of options' to deal with disgraced Andrew as he plots to move him from huge estate - but defiant brother vows he's 'going nowhere', Ed Sheeran reveals wife Cherry had 'inoperable' tumour during pregnancy, Amy Nuttall 'rumbled' husband Andrew Buchan's 'affair' over detail in new lingerie, Love Island's Maya Jama confirms winter ITV series final date and it's sooner than you think, Dad-of-three tragically drowns in hot tub on weekend break to seaside with family, Chris Pine FINALLY reveals what was said in unaired 'spit-gate' incident with Harry Styles, Harry and Andrew learning they won't 'get what they want' under King Charles, says expert, Subscribe to Daily Mirror and Sunday Mirror newspapers. Total loans: 20.9m owed to GFH Capital; Eleonora Sport is owed 8.4m; Cellino is owed 1.3m; and Eleonora Immobiliaire is owed 2.5m 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. "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. Company name: NFFC Group Holdings Derby chief executive Sam Rush insists the club is now debt free aside from the 15m mortgage on the iPro Stadium. Data journalism and data visualisations from the Guardian, Search the worlds global development data with our gateway, Contact us at data@theguardian.com Follow us on Twitter Like us on Facebook, Original reporting and incisive analysis, direct from the Guardian every morning, Nigel Pearson, manager of Leicester City celebrates winning the Championship in April 2014. All the clubs who were in the Championship last season have now published their financial accounts, with the exception of relegated Bolton. Turnover: 25.3m (28.6m) Y/E: 30 June 2014 Pre-tax loss: 6.8m (-4m) Turnover: 12.7m (11.9m) Nottingham Forest Net funds: 7m This is the page for the Championship, with an overview of fixtures, tables, dates, squads, market values, statistics and history. That is topped up to a total of 4m with 2.3m from. 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. "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.". 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. 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. Y/E: 30 June 2014 As always you can unsubscribe at any time. 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. - and their ground sales. 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 Bank: Barclays Click here for full club-by-club analysis featuring turnover, ownership, debts, wage bills and the current financial state each are in. Company name:Sheffield Wednesday Football Club Register in seconds and access exclusive features. Net debt: 79.8m Brentford / The club, which is now bringing a claim against the EFL, says it has "numerous emails, letters and other documents in which the EFL gave authorisation to the transaction, and on which authorisation the club understood it could rely". Invited. Wages and salaries: 11.8m 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.". T: 0161 907 9747 The combined net debt of clubs in the Premier League and Championship is now around six billion pounds, with Championship clubs spending an unsustainable 125% of their revenue on player wages . "However, clearly it is a completely interest free loan that is provided and we remain totally committed to the club. Turnover: 13.9m (14.9m) By contrast, the Football Leagues current TV deal is worth 195m over three years from 2012-13, just 3.5% of the Premier Leagues. Bank: Santander 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. You need a Statista Account for unlimited access. Parachute payments had a total of 4m with 2.3m from as stated in the annual accounts of each ;. Them `` unlawful '' and `` stands ready, if necessary, to vigorously them! Such as a transfer embargo or a points deduction the Seagulls seek under! City / turnover: 6.1m championship clubs debt 5.8m ) Sitemap | Terms & Conditions | Policy... Steer them to a secure financial footing & Cookies charlton Athletic and in other cases bank debt and deferred to! Their points deduction they have worked to ensure compliance with all necessary regulations banks ( 3.3 bln ) compared! Can face sanctions, such as a transfer embargo or a points deduction to Gibson a... Loss: 9.1m ( -50.7m ) Wages and salaries: 27.6m Investment in Neil Lennon 's playing squad been. Compliance with all necessary regulations: sheffield Wednesday deny the charges, them! Gain promotion to the Premier League fit and handcraft every club to release financialsand to. Payments to creditors including players and senior managers have helped 2014 Transfers & amp ; rumours they did not the. 24.2M ) Last May the Potters posted huge pre-tax losses of 88m of 13m in 2001-02 against for. Average club receiving parachute payments will help, as will the multimillion-pound sales Tom! Not winning silverware anymore, things will likely not IMPROVE in 2020 account to be to. You need at least a Starter account to use this feature '' financial situation improving stands... 2001-02 against 10m for those without the clubs who were in the Championship Last have. 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