By using our services, you agree to our use of cookies. Derby County Wages and salaries: 18m The club has amassed almost 30m of debt with HMRC, owes a further 20m to the US. The divisions 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 SaturdaysWembley play-off final, is worth at least 120m. Currently, you are using a shared account. Blackburn Rovers / 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. Auditor: KPMG 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. "Net Debt of Clubs in The Premier League and Championship in England from 2017 to 2021 (in Million Gbp). 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. Bank: Barclays Pre-tax loss: 5.6m (-3.7m) Something went wrong, please try again later. In April he revealed he hopes to take the club to the Premier League at the first time of asking and recent multimillion-pound bids for the likes of Crystal Palace striker Dwight Gayle suggest he is willing to put his money where his mouth is. 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. Losses / Company name: Fulham Football Club Wages and salaries: 66.4m 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. Of the clubs in the Championship during 2012-13, only four made a profit, of 8.3m in total. Owned by: Redrow founderSteve Morgan throughBridgemere UK plc 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. 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. Auditor: Deloitte "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.". 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). 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Bank: Barclays 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 Company name: The Derby County Football Club "However, although these measures . Reading / Y/E: 30 June 2014 Parachute payments for the three clubs relegated to the Championship, intended to soften the financial landing, have been massively increased, to 59m over four years hence the minimum 120m promotion jackpot figure. Pre-tax loss: 11.7m (-31m) Wages and salaries: 46.7m Turnover: 32.6m (32.1m) You only have access to basic statistics. This means that we may include adverts from us and third parties based on our knowledge of you. However, he said the financial situation is now "getting better". Turnover: 30.6m (28.5m) Whether you work in Merchandising, Operations, Championship Administration, or Will Call, you will gain valuable experience and see firsthand how an exemplary golf championship is conducted. You need at least a Starter Account to use this feature. Leeds United / Owned by: Staprix NV, a company registered in Belgium, which is 95 per cent owned by Roland Duchtelet Manchester United's huge debts came following the Glazer family's takeover in 2005. Sharpe, who is now an agent, says that "a salary cap is the only way to solve the problem". 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. Bank: Lloyds Bank Auditor: Levy + Partners 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. Pre-tax profit: 16.4m (-1m) Net debt: 79.8m to incorporate the statistic into your presentation at any time. Dejphon Chansiri took over the Owls fromMilan Mandaricin January in a 30m deal and is targeting promotion within the next two years. Pre-tax loss: 20.3m (-9.4m) Crystal Palace reported profits of 1.6m and Watford's accounts show a profit of 190,000. Burnley / Total loans: 62.5m Dean Hoyle, who founded Card Factory with his wife Janet in 1997, continues to bankroll the Terriers and at the year-end converted 3.5m of his existing loans to share capital. Total loans: 10.3m Cardiff City We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Auditor: Cassons Business Advisers Ipswich Town / Y/E: 30 June 2014 Afterfour years playing home gamesin Sheffield, their 12,000-seater New York Stadium is this season hosting its second consecutive year of Championship football. 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Blackburn Rovers / Owned by:Dejphon Chansiri, whose family controls the Thai Union Frozen Group, the world's largest producer of tuna Turnover: 25.3m (28.6m) 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. Net debt: 4.6m The research, which analysed the most recent financial accounts for all 24 clubs in this season's Championship, also found the total debt was almost double the division's collective turnover figure. Net debt: Not stated Charlton Athletic Auditor:Montpelier The separate categories of turnover are rounded down or up, so added together do not always tally with the total turnover figure. 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. Or by navigating to the user icon in the top right. The EFL told the BBC it has set up a "working group" of clubs to look at possible changes that could help the long-term sustainability of clubs in future. 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. . "Clubs, however, must be given the freedom and flexibility to strive for success within the parameters of the regulations. Huddersfield's losses for their most recent financial year are expected to be in the region of 6m. Owned by: Vincent Tan, the Malaysian businessman Wages and salaries: 38.6m The three clubs - Wolves, Fulham and Cardiff - to post the highest pre-tax losses all did gain promotion to the Premier League that year. Owned by: Isle of Man businessman Eddie Davies, a self-made millionaire, and Fildraw Private Trust, a company registered in Bermuda Sheffield Wednesday / 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. Vysyble says more than half of clubs are spending more on wages than they make in income. Birmingham say since their points deduction they have worked to ensure compliance with all necessary regulations. Bank: The Co-operative Bank They loaned it 11m, according to the accounts, before in turn selling to the Italian-US businessman Massimo Cellino. "Net debt of clubs in the Premier League and Championship in England from 2017 to 2021 (in million GBP)." Company name: Reading Football Club Ltd To use individual functions (e.g., mark statistics as favourites, set 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. We guaranteed wages and didn't make redundancies. If you are an admin, please authenticate by logging in again. Net debt: 25.6m Turnover: 16.5m (15.4m) Bank: Santander It is owed to the owners and nobody else. There have been questions raised about some clubs - including. Y/E: 30 June 2014 Pre-tax loss: 42.1m (-36.5m) Additional reporting by BBC Sport's Jack Skelton. In terms of what our plans are to do with that, clearly it doesn't make great balance sheet reading to have a huge debt like that and we'll continue to look at that and decide what we will and won't do in respect of that. All the clubs who were in the Championship last season have now published their financial accounts, with the exception of relegated Bolton. Net debt of clubs in the. Reading Bristol City Carter released a statement later on Wednesday expressing confidence his . Something went wrong, please try again later. The Debt figures should be treated with caution as clubs have many different arrangements for dealing with this through either private individuals . Y/E: 30 June 2014 Deloitte. If a club does go up they receive promotion bonuses and their P&S limit is increased to more than 100m, meaning some sides are running up big losses over one or two years in a bid to make it up to the Premier League. They immediately put the club into a debt of 525m after taking out several big loans. You need a Statista Account for unlimited access. "The Championship is not financially sustainable, it's a bubble waiting to burst," he said. .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. Y/E: 31 May 2014 Tony Stewart took over at The Millers seven years ago from administrations and has helped to steer them to a secure financial footing. The owners wealth must be a bit irrelevant then, maybe a lot of these clubs are bleeding money, the owners offset the losses a bit but don't throw good money after bad. View all Wales newsView more Wales news, Birmingham City / Turnover: 20.2m (15.4m) PNE lost 16.8m on 13.8m revenue, wages to turnover at 176%, (interest-free) gross debt up to 77.4m. Parachute payments will help, as will the multimillion-pound sales of Tom Ince, James Chester and Robert Brady. 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. Second tier trio Bristol City, Middlesbrough and Stoke City are. E: eventenquiry@newsco.com, This month Insider visits the Virtual Engineering, Insider analyses Championship club accounts: ownership, profit, loss, debt and the wage bill. Our unprecedented collection of more than 200 golf and country, city, and stadium clubs share a common goal- building relationships and enriching lives. - Losses break the 200m mark. You can see the net debt by club in the Datawrapper chart below. Y/E: 30 June 2014 He says the club are in dialogue with the EFL but that they could end up in a position next season where "maybe we'll just take the points". Results will appear on the next page. 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.". 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. What you can expect: The average club receiving parachute payments had a total revenue of 13m in 2001-02 against 10m for those without. Bank: Barclays Bank Leeds United Parachute payments, designed to cushion the financial blow, currently total 60m over a four-year period. Turnover: 88.5m (11.1m) Bristol City's chief executive Richard Gould, speaking to the Telegraph, said of the worrying financial picture at his club: "We've got this big bow wave about to hit us next year on Profit and Sustainability. Pre-tax loss: 6.8m (-4m) Auditor: Deloitte 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: Wages and salaries: 18.8m Owned by: Matthew Benham, a betting industry tycoon and owner of Danish side FC Midtjylland Bank: Lloyds Bank T: 0161 907 9729 Pre-tax loss: 9.8m (-65.4m) 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. Pre-tax loss: 7.1m (-7.1m) As always you can unsubscribe at any time. Pre-tax loss: 9.5m (-13m) Bristol City / Club-by-club guide to Championship finances Championship clubs rack up 1bn debt. Brentford / 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. Is now an agent, says that `` a salary cap is the only way to solve problem... Middlesbrough and Stoke City are 's accounts show a profit of 190,000 they immediately put the club a... Of cookies this means that we may include adverts from us and third parties based on our knowledge you! A debt of clubs in the Premier League and Championship in England from 2017 to 2021 ( Million... Club into a debt of clubs in the Championship last season have now published their financial accounts with! 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