Huddersfield's losses for their most recent financial year are expected to be in the region of 6m. Pre-tax loss: 7.3m (-2.3m) Carter released a statement later on Wednesday expressing confidence his . Auditor: Smith Cooper In that sense it is a soft debt.". Pre-tax profit: 8.5m (-33.1m) Karl Robinson's side are currently adjusting well to life in the Championship and can expect a turnover jump in their current financial year. Net debt: 14.6m Auditor: KPMG Auditor: Jacksons Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. "Net debt of clubs in the Premier League and Championship in England from 2017 to 2021 (in million GBP)." .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. Closer to home we are self sufficient, NCFC is not bleeding money and we don't rely on wealthy . Type in the area above to perform a search. Pre-tax loss: 1.7m (-2.5m) Derby County's latest accounts also show them virtually debt free for all intents and purposes. The club lost a staggering 20.3m as falling gate receipts and TV revenue contributed to a drop in turnover. Turnover: 30.4m (26.9m) Company name: Bristol City Holdings 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. Derby County / Both clubs deny breaching any P&S rules. Preston North End / Queens Park Rangers Reading / At least three Championship clubs have been earmarked as being under intense scrutiny with regards their financial situations. 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. Turnover: 20.2m (15.4m) For further information regarding Insider events, please use the contact details below: T: 0161 907 9758 Net debt: 179.6m The three clubs - Wolves, Fulham and Cardiff - to post the highest pre-tax losses all did gain promotion to the Premier League that year. Stewart has pumped more than 30m in over the last seven years. Y/E: 31 May 2014 Seminole. Turnover: 11m (7.1m) The newly promoted club have a 20m interest-free loan from Lansdown, who continues to bankroll the Cherries. Otherwise, it is predicting that in five years' time, the 72 . Be sure not to miss out on the latest news about Manchester United In 2023, for the first time, the publication also analyses the revenue generated by the affiliated women's teams of these clubs. Wolverhampton Wanderers Cardiff City / The EFL charge relates to "how and when" the stadium was sold and its early inclusion in the 2018 accounts. 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. Turnover: 25.3m (28.6m) Turnover: 6.1m (5.8m) 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 . 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Lifelong Boro' fan Steve Gibson, a multimillionaire through his Bulkhaul logistics business, continues to bankroll the club which are dependent on his support. 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". Wages and salaries: 66.4m Action has been precipitated by the large amount of debt which the Football League sees its clubs carrying unless action is taken now. Reading's parachute payment this season is about 8m. 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. and in other cases bank debt and deferred payments to creditors including players and senior managers have helped. Company name:Sheffield Wednesday Football Club Bolton Wanderers had the biggest wage bill of all the clubs at 37.4m, followed by Blackburn Rovers who forked out almost 37m on wages for the year to June 30 2013. Y/E: 31 May 2014 Ipswich Town / Pre-tax loss: 10.6m (-15.3m) Leeds' accounts make for complicated and pretty grim reading. Turnover: 32.6m (32.1m) Bank: Barclays Company name: Milton Keynes Dons Company name: Middlesbrough Football & Athletic Company (1986) Net debt: 19.2m Net debt: Not stated 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.". This means that we may include adverts from us and third parties based on our knowledge of you. 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. Bank: State Bank of India Wages and salaries: 20.1m 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. Clubs - Championship 22/23 . It's little over two years since Shahid Khan bought Fulham from Mohamed Al Fayed then a Premier League club. Pre-tax loss: 5.5m (-4.1m) 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. Something went wrong, please try again later. Turnover: 6.1m (9.9m) Net debt: Not stated By our calculations, the average Championship club has a net debt position of 48.6m, for a total of 1.2bn of combined net debt. Middlesbrough / Parachute payments made up more than a third of the Championship's total revenue in 2017-18 - compared to just 9% when they were introduced in 2001-02 - meaning a third of the Championship's money now comes directly from the Premier League. Company name: Fulham Football Club Total loans: 11.7m Turnover: 79.9m (14.6m) The combined turnover of the 24 clubs in the Football League Championship amounts to almost 430m, the combined wage bill, in comparison comes in close to 460m. Other clubs who have amassed large net debts are Queens Park Rangers (179.6m), Ipswich Town (82.4m), Cardiff City (81.1m) and Hull City (64.8m). Rotherham United / Turnover: 12.7m (11.9m) Even The Ipswich Town owner is worth 750 million. By contrast, the Football Leagues current TV deal is worth 195m over three years from 2012-13, just 3.5% of the Premier Leagues. August 18, 2022. 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. Otherwise the business plan, which albeit required quite a lot of investment from the owner, was relatively sound.". What you can expect: Cardiff City This is the page for the Championship, with an overview of fixtures, tables, dates, squads, market values, statistics and history. Owned by: Allamhouse Ltd, the business behind the interests of Assem Allam Turnover: 13.6m (15m) 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. Wages and salaries: 18m Owned by: GSE Group and chairman Mel Morris, who has made billions through King Digital Entertainment Milton Keynes Dons / PNE lost 16.8m on 13.8m revenue, wages to turnover at 176%, (interest-free) gross debt up to 77.4m. We use cookies to make your experience better. Y/E: 30 June 2014 Turnover: 24m (23.4m) 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. A further six-point deduction is suspended until the end of next season, provided they. Company name: Burnley Football & Athletic Company 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. 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