Auditor: Cassons Business Advisers Milton Keynes Dons / "A salary cap will be hard to pass on a vote but if it doesn't, they have a big, big problem on their hands.". For further information regarding Insider events, please use the contact details below: T: 0161 907 9758 Owner Birmingham International Holdings is in receivership with Carson Yeung, its largest shareholder, facing money laundering charges in Hong Kong. Charlton Athletic / Transfers & rumours . "We can see it coming and it's only been brought about because the transfer market has crashed. 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 Wolverhampton Wanderers /, Andy Slim, Managing Director, North According to new research from the Insider, the turnover for the league. 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. 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. CLICK THROUGH THE GALLERY ABOVE TO SEE. For the first time, Augusta National has been voted the #1 Platinum Club of the World, Golf & Country Clubs. Wages and salaries: 18m Pre-tax loss: 7.9m (-7.6m) Net debt: 179.6m Financial figures for 2012-13, for the 24 clubs which were in the Championship during 2012-13. Second tier trio Bristol City, Middlesbrough and Stoke City are all said to have proverbial red lights attached to their names with regards their financial health. Auditor:BHP Chartered Accountants Blackburn Rovers / It's little over two years since Shahid Khan bought Fulham from Mohamed Al Fayed then a Premier League club. Net debt: 24m By using our services, you agree to our use of cookies. "If we can achieve what we're aiming for in terms of a sustainable operating model, I believe the EFL has a very strong future.". (August 18, 2022). 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. However, he said the financial situation is now "getting better". Net debt: 14.6m The analysis, conducted with accountants Deloitte and football finance experts Vysyble, found: This follows the introduction of new profit and sustainability (P&S) rules by the English Football League in 2016-17. Invited reflects our proud history of inclusiveness and captures our welcoming spirit. Wages and salaries: 20.1m 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. This is a guide to the general state of finances at clubs within the Championship based on latest annual or interim reports, or the reporting thereof in the local press. 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. 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 . Dejphon Chansiri took over the Owls fromMilan Mandaricin January in a 30m deal and is targeting promotion within the next two years. As always you can unsubscribe at any time. Of the clubs in the Championship during 2012-13, only four made a. Sheffield Wednesday / Bank: Santander 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. Auditor: Deloitte Derby County / Turnover: 13.9m (14.9m) Type in the area above to perform a search. Hull City / 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. Bank: Barclays Bank Wages and salaries: 27.6m The ideal entry-level account for individual users. In that sense it is a soft debt.". 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. E: eventenquiry@newsco.com, This month Insider visits the Virtual Engineering, Insider analyses Championship club accounts: ownership, profit, loss, debt and the wage bill. "The Championship is not financially sustainable, it's a bubble waiting to burst," he said. I was amazed by this table. Ipswich are not in debt to any financial institution with all loans owed to Marcus Evans, the conference and events entrepreneur who has a reported wealth of 765m. Sheffield Wednesday were charged with misconduct by the EFL last month, after an investigation into the sale of Hillsborough to the club's owner, which the EFL allege helped it meet P&S rules. Total loans: 11.7m Championship losses across four clubs so far: 76.6m. Y/E: 31 December 2014 Figures represent the combined net debt of clubs at the end of the season. 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. Huddersfield Town Or by navigating to the user icon in the top right. Harvey said the losses, made by 20 of the 24 clubs, 349m overall, and the reliance on owners funding mostly with loans charging interest prompted the introduction of financial fair play rules which will be enforced for the first time this summer. Net debt of clubs in the Premier League and Championship in England from 2017 to 2021 (in million GBP) [Graph]. - Losses break the 200m mark. Wages and salaries: 24m Preston North End / For further information regarding Insider events, please use the contact details below: T: 0161 907 9758 Sheffield Wednesday 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. The Al-Hasawi family provided additional loans of 24.8m during the year to help support the near 24m loss. Owned by: Wordon Group, a company incorporated in the Isle of Man and controlled by the family interests of Trevor Hemmings This is the page for the Championship, with an overview of fixtures, tables, dates, squads, market values, statistics and history. 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. Owned by: Venky's London Ltd, owned by V H Group, an Indian company with interests in poultry, processed food, animal vaccines and pharmaceuticals Charlton Athletic 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. Owned by:ASD Lighting Holdings, owned by Tony and Joan Stewart (88 per cent); Brian Becket, Ronald Hull and Lelsie Wilson (3.92 per cent each) Register in seconds and access exclusive features. Even The Ipswich Town owner is worth 750 million. Hull City / 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: Pre-tax loss: 8.7m (-4.5m) Invited. Guardian analysis shows that the 24 clubs in the 2012-13 Championship had a collective net debt of almost 1bn. Wages and salaries: 46.7m We've looked at the Premier League finances, now it's time for the Football League Championship clubs' accounts to get the same treatment. Y/E: 30 June 2014 Wages and salaries: 11.1m 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. Y/E: 30 June 2014 The three clubs - Wolves, Fulham and Cardiff - to post the highest pre-tax losses all did gain promotion to the Premier League that year. Bank: The Co-operative Bank Company name: Brighton & Hove Albion Holdings Harvey explained that the financial fair play rules are aimed at staunching the huge losses made by Championship clubs. Are you interested in testing our business solutions? The EFL charge relates to "how and when" the stadium was sold and its early inclusion in the 2018 accounts. As soon as this statistic is updated, you will immediately be notified via e-mail. Joint-chairman John Coates said at the time: "Clearly we've had a Covid-affected year and we didn't take any Governmental help. Please create an employee account to be able to mark statistics as favorites. Brentford / Khan has vowed to support the club financially despite a cut in parachute payments this season. Pre-tax profit: 167,212 (-477,023) Then you can access your favorite statistics via the star in the header. Total loans: 20.9m owed to GFH Capital; Eleonora Sport is owed 8.4m; Cellino is owed 1.3m; and Eleonora Immobiliaire is owed 2.5m 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. Derby County Bank: Barclays [Online]. .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. Birmingham say since their points deduction they have worked to ensure compliance with all necessary regulations. They loaned it 11m, according to the accounts, before in turn selling to the Italian-US businessman Massimo Cellino. Y/E: 30 June 2014 You need at least a Starter Account to use this feature. Sitemap | Terms & Conditions | Privacy Policy & Cookies. The Debt figures should be treated with caution as clubs have many different arrangements for dealing with this through either private individuals . Turnover: 6.1m (5.8m) 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. 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. The Bluebirds stemmed losses during the season under review, which covered their 2013/14 Premier League campaign, but the cash owed to chairman Vincent Tan continued to rise. Our unprecedented collection of more than 200 golf and country, city, and stadium clubs share a common goal- building relationships and enriching lives. Auditor: Baldwins Bristol City / The EFL determined the Royals lost 57.8m between 2017 and 2021 - the EFL's limit for that period is 39m. Owned by:Dejphon Chansiri, whose family controls the Thai Union Frozen Group, the world's largest producer of tuna Crystal Palace reported profits of 1.6m and Watford's accounts show a profit of 190,000. Charlton Athletic / Preston North End We guaranteed wages and didn't make redundancies. The clubs may have to pay a whooping 130million penalty fee, if they do back out, a huge blow for the Premier League teams that have left the table. 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. Access to this and all other statistics on 80,000 topics from, Show sources information 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. Auditor: Revell Ward 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 . Net debt is as stated in the annual accounts of each club; debts minus cash held at the bank. Use Ask Statista Research Service. - Championship debt hits 1.1bn - Losses break the 200m mark Birmingham City Company name: Birmingham City plc Owned by: Birmingham International Holdings, a Hong Kong-listed group now in receivership Turnover: 20.1m (24.2m) Pre-tax loss: 5.5m (-4.1m) Net debt: Not stated Total loans: 11.7m Wages and salaries: 18m Bank: HSBC Auditor: Gibson Booth Auditor: Mazars 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. Derby County's latest accounts also show them virtually debt free for all intents and purposes. Clubs - Championship 22/23 . T: 0161 907 9729 One source has told SSN they have never seen such a high level of debt in any Championship football club. Turnover: 11m (7.1m) Sitemap | Terms & Conditions | Privacy Policy & Cookies. We use cookies to make your experience better. 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