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Financial data for the Championship last season


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@KeiranMaguire on twitter has posted financial info for Championship teams on twitter this morning. Grim reading for us mainly:

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Championship net spend per club just £1.5 million as many clubs business model is to sell at a profit to cover losses rather than buy. <a href="https://t.co/A1VqOnxpwJ">pic.twitter.com/A1VqOnxpwJ</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165607376302081?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Preston player spend of £4.2m was lower than average in division of £14m but figures distorted by some clubs at the top of table. <a href="https://t.co/Ru50jVR9Hp">pic.twitter.com/Ru50jVR9Hp</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165604893253633?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Combining wages and transfer fee amortisation costs meant that Preston spent £166 on player costs for every £100 of income in 2018/19 <a href="https://t.co/U0MWO2eQX2">pic.twitter.com/U0MWO2eQX2</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165602531827713?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">For every £1 paid in wages Preston fans paid 18pence via matchday revenues. <a href="https://t.co/14fOJLj4C4">pic.twitter.com/14fOJLj4C4</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165599985938432?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Preston average weekly wage £9,156, compared to average for the division of £16,014. For clubs to break even average wage would have to be £4,424 a week <a href="https://twitter.com/markchapman?ref_src=twsrc%5Etfw">@markchapman</a> <a href="https://t.co/lGwtnt6gfj">pic.twitter.com/lGwtnt6gfj</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165596806602752?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Preston had 7th lowest wage bill in Championship <a href="https://twitter.com/hashtag/PNEFC?src=hash&amp;ref_src=twsrc%5Etfw">#PNEFC</a> but 6th highest wage to income ratio. <a href="https://t.co/snyQoxMAFs">pic.twitter.com/snyQoxMAFs</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165593472110594?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Championship clubs have total operating loss of £598.5 million, will change as more clubs report their 2018/19 results but even so could be a record. Average of £24.9m. <a href="https://twitter.com/hashtag/HCAFC?src=hash&amp;ref_src=twsrc%5Etfw">#HCAFC</a> made biggest profit due to parachute payments, only <a href="https://twitter.com/hashtag/RUFC?src=hash&amp;ref_src=twsrc%5Etfw">#RUFC</a> made a genuine breakeven. <a href="https://t.co/Qmu7UNevn4">pic.twitter.com/Qmu7UNevn4</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165591207268352?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Preston third lowest matchday revenue in Championship <a href="https://twitter.com/hashtag/PNEFC?src=hash&amp;ref_src=twsrc%5Etfw">#PNEFC</a> <a href="https://t.co/zHgsDboV7q">pic.twitter.com/zHgsDboV7q</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165588510257157?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Now that I&#39;m back from walking the dog a few more figures for context. Preston had second lowest revenue in the Championship. <a href="https://twitter.com/hashtag/PNEFC?src=hash&amp;ref_src=twsrc%5Etfw">#PNEFC</a> <a href="https://t.co/bxLVEGovRx">pic.twitter.com/bxLVEGovRx</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165585913982976?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Edited by kristmace
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Guest LittleG
4 minutes ago, LittleG said:

Give us a summary then, your post is gobbledygook.

 

Apologies... Really screwed that post up and it won't let me edit it now. 

 

My take - we've not spent nearly as much as other clubs but without parachute payments we've really gone ott. 

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I’m a financial moron but the biggest take home from this is we need to cut our wage budget. Be interesting to see where we stand in comparison next season with a few departures.

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Our average weekly wage is well over double United’s, yet look at the difference in performance. Embarrassing.

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Does that really say we spent nearly 13 million on transfers.... last season?

 

Guessing this is including fees we are paying over a period of time for Rhodes and Reach and maybe others?

 

My memory isnt great but didnt we only sign Hector and Onamah on loan then Iorfa in the jan window?

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2 minutes ago, Carl Shutt is God said:

Does that really say we spent nearly 13 million on transfers.... last season?

 

Guessing this is including fees we are paying over a period of time for Rhodes and Reach and maybe others?

 

My memory isnt great but didnt we only sign Hector and Onamah on loan then Iorfa in the jan window?

 

I've got a feeling this is a mix of 17-18 and 18-19 data. Ours looks to be 17-18.

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44 minutes ago, kristmace said:

@KeiranMaguire on twitter has posted financial info for Championship teams on twitter this morning. Grim reading for us mainly:

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Championship net spend per club just £1.5 million as many clubs business model is to sell at a profit to cover losses rather than buy. <a href="https://t.co/A1VqOnxpwJ">pic.twitter.com/A1VqOnxpwJ</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165607376302081?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Preston player spend of £4.2m was lower than average in division of £14m but figures distorted by some clubs at the top of table. <a href="https://t.co/Ru50jVR9Hp">pic.twitter.com/Ru50jVR9Hp</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165604893253633?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Combining wages and transfer fee amortisation costs meant that Preston spent £166 on player costs for every £100 of income in 2018/19 <a href="https://t.co/U0MWO2eQX2">pic.twitter.com/U0MWO2eQX2</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165602531827713?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">For every £1 paid in wages Preston fans paid 18pence via matchday revenues. <a href="https://t.co/14fOJLj4C4">pic.twitter.com/14fOJLj4C4</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165599985938432?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Preston average weekly wage £9,156, compared to average for the division of £16,014. For clubs to break even average wage would have to be £4,424 a week <a href="https://twitter.com/markchapman?ref_src=twsrc%5Etfw">@markchapman</a> <a href="https://t.co/lGwtnt6gfj">pic.twitter.com/lGwtnt6gfj</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165596806602752?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Preston had 7th lowest wage bill in Championship <a href="https://twitter.com/hashtag/PNEFC?src=hash&amp;ref_src=twsrc%5Etfw">#PNEFC</a> but 6th highest wage to income ratio. <a href="https://t.co/snyQoxMAFs">pic.twitter.com/snyQoxMAFs</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165593472110594?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Championship clubs have total operating loss of £598.5 million, will change as more clubs report their 2018/19 results but even so could be a record. Average of £24.9m. <a href="https://twitter.com/hashtag/HCAFC?src=hash&amp;ref_src=twsrc%5Etfw">#HCAFC</a> made biggest profit due to parachute payments, only <a href="https://twitter.com/hashtag/RUFC?src=hash&amp;ref_src=twsrc%5Etfw">#RUFC</a> made a genuine breakeven. <a href="https://t.co/Qmu7UNevn4">pic.twitter.com/Qmu7UNevn4</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165591207268352?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Preston third lowest matchday revenue in Championship <a href="https://twitter.com/hashtag/PNEFC?src=hash&amp;ref_src=twsrc%5Etfw">#PNEFC</a> <a href="https://t.co/zHgsDboV7q">pic.twitter.com/zHgsDboV7q</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165588510257157?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Now that I&#39;m back from walking the dog a few more figures for context. Preston had second lowest revenue in the Championship. <a href="https://twitter.com/hashtag/PNEFC?src=hash&amp;ref_src=twsrc%5Etfw">#PNEFC</a> <a href="https://t.co/bxLVEGovRx">pic.twitter.com/bxLVEGovRx</a></p>&mdash; PriceOfFootball (@KieranMaguire) <a href="https://twitter.com/KieranMaguire/status/1231165585913982976?ref_src=twsrc%5Etfw">February 22, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

 

Where oh where does it actually start???

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Just goes to show that with a quality coach and system, you can still do very well without risking the club’s future financially.

 

It’s not just about the amount you spend.

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Goes to show that we are not spending more than other clubs when it comes to wages or transfer fees, despite some posters on here claiming that we pay way more than everyone else.

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1 hour ago, Daz said:

Just goes to show that with a quality coach and system, you can still do very well without risking the club’s future financially.

 

It’s not just about the amount you spend.

 

Wycombe are a great example, they've been owned by a Supporters Trust for several years. In that time they've gone from the bottom of League 2 (staying in the football league on the final day) to the top 2 of League One and are on course for the highest finish in the club's history. They've also stuck by Gareth Ainsworth during that time and he's now the longest serving manager in the 92 clubs. 

 

They've had a takeover go through this week by an American so it'll probably all go pear-shaped for them now. 

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Guest Ferkorf

So basically end of the season when hopefully everyone leaves who is out of contract thats are wage bill sorted apart from Rhodes and Westwood

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