Wages and salaries: 8.9m Milton Keynes Dons Moreover, almost all of the financial debt has come from banks (3.3 bln), compared to only 0.2 bln from owners. The Al-Hasawi family provided additional loans of 24.8m during the year to help support the near 24m loss. More than half of clubs are spending more on wages than they make in income. As well as Reading, Derby County were handed points deductions this season. "There has been (an increase in debt to the owners). Net debt: Not stated 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 It is owed to the owners and nobody else. Turnover: 13.9m (14.9m) - and their ground sales. However, from 2016-17, payments will be made over three years instead of four, while clubs who are relegated after just a single year in the Premier League will only quality for two years' of payments. "Net debt of clubs in the Premier League and Championship in England from 2017 to 2021 (in million GBP)." Since the 2015 year-end, Rovers have sold Rudy Gestede to Aston Villa and the departure of top striker Jordan Rhodes to help balance the books remains a possibility. Blackburn Rovers / Net debt: 24m 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. Welcome to the 26 th edition of the Deloitte Football Money League, an annual profile of the highest revenue generating clubs in world football. Otherwise, it is predicting that in five years' time, the 72 . HOW much debt was each Championship club in after last season? Wolverhampton Wanderers /, David Casey, Digital News Editor Wolverhampton Wanderers /, Andy Slim, Managing Director, North [Online]. That is topped up to a total of 4m with 2.3m from. Brentford / 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) 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. Blackburn Rovers Combined turnover totalled 646.4m with a significant chunk of that coming from parachute payments to relegated clubs. The separate categories of turnover are rounded down or up, so added together do not always tally with the total turnover figure. 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. Pre-tax profit: 167,212 (-477,023) A paid subscription is required for full access. Three-quarters of the clubs in the Championship responded, although it is not known if Huddersfield Town and Sheffield Wednesday were among this number. Turnover: 30.4m (26.9m) Blackburn and Stoke reported a combined net debt of 248m while eight Championship clubs reported net debt in excess of 50m. 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. Auditor: Nyman Libson Paul 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. Net debt is as stated in the annual accounts of each club; debts minus cash held at the bank. News . 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. Promotion to the Premier League instantly inflated the club's turnover and allowed them to cut net debt by 8m and turn a profit. Wages and salaries: 18.8m 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. Of the clubs in the Championship during 2012-13, only four made a. 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. Birmingham say since their points deduction they have worked to ensure compliance with all necessary regulations. Leeds United The rules allow clubs to lose 3m this year, plus a further 5m if paid in by an owner. Net debt: 46.1m Net debt: 11m Wages and salaries: 18m Parachute payments will help, as will the multimillion-pound sales of Tom Ince, James Chester and Robert Brady. Access to this and all other statistics on 80,000 topics from, Show sources information Y/E: 31 May 2014 Company name: Cardiff City Football Club Preston North End / In the 2014/15 financial year, Evans transferred ownership of the club from a Bermuda-registered business to one in the Isle of Man. Bank: Barclays Y/E: 30 June 2014 All the clubs who were in the Championship last season have now published their financial accounts, with the exception of relegated Bolton. 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. E: david.casey@newsco.com, Michael Stachini, Professional & Financial Services Manager Y/E: 31 May 2014 Wages and salaries: 46.7m Championship Club Finances. These comprehensive custom club fittings help you play . Last updated on 12 December 201912 December 2019.From the section Championship. 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. Fulham / ", 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. Championship losses across four clubs so far: 76.6m. 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. 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. Type in the area above to perform a search. Please do not hesitate to contact me. Hull City The club has amassed almost 30m of debt with HMRC, owes a further 20m to the US. Queens Park Rangers / 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%). Turnover: 10.8m (11.3m) 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. Company name: Milton Keynes Dons Use Ask Statista Research Service. The chart below shows how the clubs compare by turnover, wage bill and wages as a proportion of turnover. Steve Morgan continues to bankroll the club as they seek a Premier League return under Kenny Jackett. However, he said the financial situation is now "getting better". T: 0161 907 9747 Company name: Middlesbrough Football & Athletic Company (1986) Auditor: KPMG Company name: Brighton & Hove Albion Holdings 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. The sale of Joe Gomez to Liverpool will no doubt help to balance the books in 2015/16. Greg Lea is a . Premier League / Charlton Athletic / Wages and salaries: 4.8m Owned by: Fawaz Mubarak Abdulaziz Al-Hasawi and Abdulaziz Mubarak Al-Hasawi Derby County / Then you can access your favorite statistics via the star in the header. 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