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. Company name: Milton Keynes Dons Company name: Bristol City Holdings Total loans: 76m Derby County The Berkshire club were docked six points earlier this season after the EFL said the club exceeded permitted losses by 18.8m. 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 Pre-tax loss: 11.7m (-31m) Turnover: 20.1m (24.2m) Net debt is as stated in the accounts; debts minus cash held at the bank. Bank: Barclays A company called Trillion Trophy Asia Ltd is in talks with receivers from EY to buy the club. Y/E: 30 June 2014 Y/E: 30 June 2014 Insider Northern Ireland Dealmakers Awards 2023, Cardiff City ranked in Championship debt table, Jobs lost following signage manufacturer collapse, High street retailer signs up to Wrexham site, Construction taking shape at Bellway site in Deeside, Strong year lined up by Wynne Construction, Kier wins Net Zero carbon teaching block project, Employees strike deal for nursery business, Funding secured for regeneration of Newport building, Liverpool FC in strong position following record revenue, Manchester City unveil plans for year-round entertainment destination, Terriers partner with plumbing supplies firm, Plans confirmed for independent football regulator, IT firm becomes Leeds United Business Club partner, EFL issues update on proposed Sheffield United takeover, Nottingham Forest chief executive steps down. Nottingham Forest Y/E: 30 June 2014 Deloitte. Net debt: Not stated 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". Y/E: 30 June 2014 Wolverhampton Wanderers A further six-point deduction is suspended until the end of next season, provided they. "However, although these measures . Wages and salaries: 5.7m .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. League One / 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". Nottingham Forest / Bristol City / 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. The host of the 2018 U.S. Open, Shinnecock Hills, moved from 7th to 3rd place . Owned by: Dean Hoyle, founder of discount greeting cards chain Card Factory 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. 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. Are you interested in testing our business solutions? The club has amassed almost 30m of debt with HMRC, owes a further 20m to the US. Auditor: Chantrey Vellacott DFK Bank: Barclays 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: Ipswich Town / 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. Auditor: KPMG We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Pre-tax profit: 167,212 (-477,023) Sharpe, who is now an agent, says that "a salary cap is the only way to solve the problem". Turnover: 13.9m (14.9m) Turnover: 6.1m (9.9m) Lifelong Boro' fan Steve Gibson, a multimillionaire through his Bulkhaul logistics business, continues to bankroll the club which are dependent on his support. Y/E: 30 June 2014 Burnley Blackburn Rovers / This happened recently with Reading. Three-quarters of the clubs in the Championship responded, although it is not known if Huddersfield Town and Sheffield Wednesday were among this number. Last May the Potters posted huge pre-tax losses of 88m. Wages and salaries: 14.5m Auditor: Deloitte Even The Ipswich Town owner is worth 750 million. Y/E: 30 June 2014 Owned by: Pula Sport, owned by billionaire and Hargreaves Lansdown co-founder Steve Lansdown The loans totalling 76m are all owed to Gibson. Despite manager Gary Rowett stabling the Blues' on field performance, the club's off field future is much less certain. A leaked questionnaire has highlighted just how much Championship clubs are paying out. Pre-tax loss: 6.8m (-4m) Net debt: 179.6m Invited reflects our proud history of inclusiveness and captures our welcoming spirit. Wages and salaries: 24m Wages and salaries: 27.6m Y/E: 31 May 2014 Huddersfield Town / Pre-tax loss: 33m (-2.7m) Otherwise the business plan, which albeit required quite a lot of investment from the owner, was relatively sound.". 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.". Net debt: 182.1m 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. Wages and salaries: 18m Statista. Accessed March 01, 2023. https://www.statista.com/statistics/1336333/net-debt-premier-league-championship-clubs/, Deloitte. Guardian analysis of the most recent accounts for the Championship clubs shows a combined net debt of almost 1bn. Fulham Please do not hesitate to contact me. Wages and salaries: 34.5m to incorporate the statistic into your presentation at any time. Owned by: Redrow founderSteve Morgan throughBridgemere UK plc Wages and salaries: 8.9m Brentford / 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. Y/E: 30 June 2014 Carter released a statement later on Wednesday expressing confidence his . If that is exceeded, clubs will face a transfer embargo, or a fine if they are promoted. Y/E: 30 June 2014 Last updated on 12 December 201912 December 2019.From the section Championship. Company name: Blackburn Rovers Football and Athletic Blackburn and Stoke reported a combined net debt of 248m while eight Championship clubs reported net debt in excess of 50m. 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. Moreover, almost all of the financial debt has come from banks (3.3 bln), compared to only 0.2 bln from owners. 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. 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. Wages and salaries: 66.4m Y/E: 30 June 2014 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.. View all National newsView more National news, Birmingham City / By using our services, you agree to our use of cookies. Cardiff City / Owned by: Tune QPR, registered in Malaysia and owned by Tony Fernandes, Kamarudin Bin Meranun and Ruben Emir Gnanalingam (66 per cent); and Sea Dream, the family holding of Lakshmi Mittal (33 per cent) 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. 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. Reading / Huddersfield Town Promotions to League One and the Championship, and that night of all nights against Manchester United: 1-0 . Leicester City, Wolverhampton Wanderers and Cardiff City all reported losses of more than 30m. Business Solutions including all features. Company name: The Derby County Football Club Net debt: 81.1m Auditor: Deloitte Company name: Hull City Tigers 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. We guaranteed wages and didn't make redundancies. Net debt: Not stated 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. How much money did they spend on wages and how much profit did they make? E: [email protected], 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 Bank: The Co-operative Bank 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. Brentford 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. Parachute payments, designed to cushion the financial blow, currently total 60m over a four-year period. Auditor: Gibson Booth Parachute payments will help, as will the multimillion-pound sales of Tom Ince, James Chester and Robert Brady. 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. 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". Auditor: Deloitte 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. Harvey explained that the financial fair play rules are aimed at staunching the huge losses made by Championship clubs. E: [email protected], Michael Stachini, Professional & Financial Services Manager Hull City / News . Queens Park Rangers / Greg Lea is a . Preston North End / 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. 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 Shrimpers sit sixth in the National League, looking to make a push for the play-offs. At least three Championship clubs have been earmarked as being under intense scrutiny with regards their financial situations. Bank: Barclays What is your view on how football can become more sustainable? Sheffield Wednesday More than half of clubs are spending more on wages than they make in income. Detailed. 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. 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. Pre-tax loss: 8.7m (-4.5m) The Al-Hasawi family provided additional loans of 24.8m during the year to help support the near 24m loss. Guardian analysis shows that the 24 clubs in the 2012-13 Championship had a collective net debt of almost 1bn. Don't miss out on any Football League action with our EFL72 email update! calling them "unlawful" and "stands ready, if necessary, to vigorously defend them". The average club receiving parachute payments had a total revenue of 13m in 2001-02 against 10m for those without. Auditor: Mazars Brighton & Hove Albion / MK Dons remain reliant on Pete Winkleman, the businessman who was involved in relocating Wimbledon FC to Milton Keynes in 2001. 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. You need at least a Starter Account to use this feature. Combined turnover totalled 646.4m with a significant chunk of that coming from parachute payments to relegated clubs. Turnover: 79.9m (14.6m) 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 Birmingham City PNE lost 16.8m on 13.8m revenue, wages to turnover at 176%, (interest-free) gross debt up to 77.4m. "You can lose 39m over three years in the Championship but it's clearly not stopping clubs - a points deduction is a slap on the wrist," said Sharpe. Or by navigating to the user icon in the top right. 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. 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