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. PNE lost 16.8m on 13.8m revenue, wages to turnover at 176%, (interest-free) gross debt up to 77.4m. 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. Auditor: Chantrey Vellacott DFK Owned by: Fawaz Mubarak Abdulaziz Al-Hasawi and Abdulaziz Mubarak Al-Hasawi Net debt: 179.6m Harvey said that while the 120m bonanza of promotion is a fantastic opportunity for the promoted clubs, the hunger to achieve it has caused clubs to increase spending on players wages, and financial pressure on the Championship. 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. Wages and salaries: 38.6m Wolverhampton Wanderers /, Andy Slim, Managing Director, North THE CLUB CHAMPION DIFFERENCE: IMPROVE YOUR GOLF GAME WITH A CUSTOM GOLF CLUB FITTING. Owned by: Redrow founderSteve Morgan throughBridgemere UK plc Chairman Phil Gartside described Eddie Davies' support as "humbling" but it's no secret the businessman is now looking for an exit as Wanderers' dream of a return to the Premier League dwindles. 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. Net debt is as stated in the accounts; debts minus cash held at the bank. Hull City / 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. Auditor: Smith Cooper Bank: Barclays I was amazed by this table. 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. Blackburn and Stoke reported a combined net debt of 248m while eight Championship clubs reported net debt in excess of 50m. Auditor:Montpelier The crash took place before 3 a.m. on Jan. 15., just hours after the Bulldogs finished celebrating their national championship victory at Sanford Stadium. By contrast, the Football Leagues current TV deal is worth 195m over three years from 2012-13, just 3.5% of the Premier Leagues. 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. Be sure not to miss out on the latest news about Manchester United Wolverhampton Wanderers 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. Championship / The loans totalling 76m are all owed to Gibson. Wages and salaries: 46.7m Total loans: 10.3m Turnover: 24m (23.4m) Auditor: KPMG Don't miss out on any Football League action with our EFL72 email update! Net debt: Not stated Leeds United Despite manager Gary Rowett stabling the Blues' on field performance, the club's off field future is much less certain. 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. Rotherham United / "However, although these measures . Of the clubs in the Championship during 2012-13, only four made a profit, of 8.3m in total. As always you can unsubscribe at any time. In that sense it is a soft debt.". Furious Championship clubs on Saturday night rounded on both the Government and English Football League over their failure to agree terms on a season-saving 100 million-plus bailout for the . Click here for full club-by-club analysis featuring turnover, ownership, debts, wage bills and the current financial state each are in. Auditor:Myers Clark There have been questions raised about some clubs - including. Even The Ipswich Town owner is worth 750 million. Access to this and all other statistics on 80,000 topics from, Show sources information Karl Robinson's side are currently adjusting well to life in the Championship and can expect a turnover jump in their current financial year. It's little over two years since Shahid Khan bought Fulham from Mohamed Al Fayed then a Premier League club. 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. Y/E: 31 May 2014 Birmingham say since their points deduction they have worked to ensure compliance with all necessary regulations. Bank: Barclays Turnover: 20.1m (24.2m) Turnover: 4.4m (5.3m) Bristol City 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. This is the page for the Championship, with an overview of fixtures, tables, dates, squads, market values, statistics and history. Reading / Owned by: Birmingham International Holdings, a Hong Kong-listed group now in receivership Khan has vowed to support the club financially despite a cut in parachute payments this season. Owned by: Pula Sport, owned by billionaire and Hargreaves Lansdown co-founder Steve Lansdown Company name: Cardiff City Football Club "Net Debt of Clubs in The Premier League and Championship in England from 2017 to 2021 (in Million Gbp). Milton Keynes Dons Company name: Burnley Football & Athletic Company Sheffield Wednesday deny the charges, calling them "unlawful" and "stands ready, if necessary, to vigorously defend them". Brighton & Hove Albion / CLICK THROUGH THE GALLERY ABOVE TO SEE. Read about our approach to external linking. 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.". Company name: Brentford FC Ltd Queens Park Rangers / "There has been (an increase in debt to the owners). Owned by:Dejphon Chansiri, whose family controls the Thai Union Frozen Group, the world's largest producer of tuna 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. Bank: Lloyds Bank Wages and salaries: 18m A paid subscription is required for full access. Wages and salaries: 9.9m "Clubs, however, must be given the freedom and flexibility to strive for success within the parameters of the regulations. Auditor: Cvr Global 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. Last May the Potters posted huge pre-tax losses of 88m. Turnover: 20.2m (15.4m) If we look at wages as a proportion of turnover, Cardiff City and Bristol City are top of the list (190%). Auditor: KPMG Y/E: 30 June 2014 pic.twitter.com/Ck6YUp0Fbg Swiss Ramble (@SwissRamble) April 19, 2021 Premier League / Net debt of clubs in the. Auditor: PwC Bank: Lloyds Bank During this season,. Bolton Wanderers 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 Wages and salaries: 11.1m Then you can access your favorite statistics via the star in the header. 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. Turnover: 6.1m (9.9m) Owned by: Massimo Cellino's Eleonora Sport (75 per cent); Gulf Finance House (21.43 per cent); Leeds City Holdings [75 per cent owned by Eleonora and 25 per cent by GFH] (3.57 per cent) More than half of clubs are spending more on wages than they make in income. Company name: Middlesbrough Football & Athletic Company (1986) 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. Owned by: Staprix NV, a company registered in Belgium, which is 95 per cent owned by Roland Duchtelet We welcome you to join us. At his former club, Leeds United, the owner that Harvey worked for, Ken Bates, sold the club with cash-flow problems to the Bahrain-based bank Gulf Finance House. You need a Statista Account for unlimited access. 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) Pre-tax loss: 5.5m (-4.1m) 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. 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. Y/E: 30 June 2014 Cardiff City / Net debt: 64.8m Bank: Barclays 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. Wages and salaries: 18.8m Auditor: Levy + Partners Pre-tax loss: 9.8m (-65.4m) Pre-tax loss: 8.7m (-4.5m) Brentford Sheffield Wednesday Spending on wages in 2017-18 jumped by 11% from the previous year - an 83m increase, according to Deloitte. They immediately put the club into a debt of 525m after taking out several big loans. Burnley / Total loans: 11.7m Net debt: 46.1m 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. News . Company name: Bristol City Holdings Ipswich Town / Y/E: 30 June 2014 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. Pre-tax loss: 7.1m (-7.1m) Cardiff City Pre-tax loss: 7.2m (-9.8m) Y/E: 30 June 2014 The multimillionaire has now loaned the club more than 37m since joining in April 2008. "However, clearly it is a completely interest free loan that is provided and we remain totally committed to the club. 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". With the financial clout of Candy Crush tycoon Mel Morris, the Rams should be in contention for a return to the Premier League come next May. Financial figures for 2012-13, for the 24 clubs which were in the Championship during 2012-13. The fifth-tier club finally settled their 1.4million debt to HMRC on Tuesday; . Y/E: 30 June 2014 Auditor: Cassons Business Advisers 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. 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 Net debt: 14.6m Pre-tax loss: 5.7m (-6m) Moreover, almost all of the financial debt has come from banks (3.3 bln), compared to only 0.2 bln from owners. Pre-tax loss: 10.6m (-15.3m) 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 Shrimpers sit sixth in the National League, looking to make a push for the play-offs. Net debt: Not stated 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. Action has been precipitated by the large amount of debt which the Football League sees its clubs carrying unless action is taken now. 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. Y/E: 30 June 2014 Wages and salaries: 20.1m Auditor:BHP Chartered Accountants Rotherham United / Are you interested in testing our business solutions? Please create an employee account to be able to mark statistics as favorites. T: 0161 907 9747 The Championship is a "bubble waiting to burst" because clubs are posting record losses in a "gamble" to reach the Premier League. Bolton Wanderers / Net debt: 82.4m The Debt figures should be treated with caution as clubs have many different arrangements for dealing with this through either private individuals . 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. Owned by: Chairman Mike Garlick holds a 31.2 per cent stake, while directors including John Banaszkiewicz and Brendan Flood also have shares Net debt of clubs in the Premier League and Championship in England from 2017 to 2021 (in million GBP) [Graph]. 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. . Owned by: Venky's London Ltd, owned by V H Group, an Indian company with interests in poultry, processed food, animal vaccines and pharmaceuticals Company name: Queens Park Rangers Football & Athletic Club Southend also announced "working capital" funds had been injected to help the club over the coming months. Owned by: Isle of Man businessman Eddie Davies, a self-made millionaire, and Fildraw Private Trust, a company registered in Bermuda Huddersfield Town Pre-tax profit: 167,212 (-477,023) For further information regarding Insider events, please use the contact details below: T: 0161 907 9758 Turnover: 91.3m (73m) Net debt: 11m Statista. 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 Daily Mail claims to have seen an 80-page report from the EFL that features clubs anonymously revealing how much they are spending on wages.. Wolves and Cardiff provided no comment. Wages and salaries: 3.5m Afterfour years playing home gamesin Sheffield, their 12,000-seater New York Stadium is this season hosting its second consecutive year of Championship football. Company name: NFFC Group Holdings 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. Net debt: 24m Rotherham United Joint-chairman John Coates said at the time: "Clearly we've had a Covid-affected year and we didn't take any Governmental help. Company name: Leeds United Football Club 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. Company name: Bolton Wanderers Football & Athletic Company 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. Fulham told the BBC that, despite posting losses of 45m in one year, they would not have broken the three-year P&S limit even if they had not been promoted. 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". Ipswich Town / 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. 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. Wages and salaries: 14.4m Turnover: 38.1m (59.3m) August 18, 2022. to the Hong Kong-based company International Entertainment Corporation was because they did not see the "scary" financial situation improving. 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. Carter released a statement later on Wednesday expressing confidence his . The Robins published a record loss of 38.4million in their most recent set of accounts last month. 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. Figures come from published 2017-18 accounts of each club company or group structure. Combined turnover totalled 646.4m with a significant chunk of that coming from parachute payments to relegated clubs. 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.". Cardiff City / 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. Pre-tax profit: 9.4m (-25.6m) Fulham Company name: Fulham Football Club Net debt: 79.8m The club lost a staggering 20.3m as falling gate receipts and TV revenue contributed to a drop in turnover. 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