Queens Park Rangers Access to this and all other statistics on 80,000 topics from, Show sources information Net debt: 81.1m 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. Pre-tax loss: 7.1m (-7.1m) Type in the area above to perform a search. Auditor:BHP Chartered Accountants 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 . Joint-chairman John Coates said at the time: "Clearly we've had a Covid-affected year and we didn't take any Governmental help. 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 . This increase is largely due to a c.1 billion (43%) increase in broadcast revenue, owing to rebates and deferrals in the previous (19/20) season. Turnover: 10.8m (11.3m) Bank: State Bank of India Auditor: Smith Cooper Turnover: 20.1m (24.2m) Championship / Queens Park Rangers / 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. Reading Wages and salaries: 3.5m Turnover: 6.1m (5.8m) Statista. Preston North End / Wages and salaries: 20.1m 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. Only Real Madrid (605m) and Manchester City (619m . Owned by: Redrow founderSteve Morgan throughBridgemere UK plc Gould admits that the club are "probably" going to breach the league rules next year unless they cashed in on their star assets but insisted the club's board are reticent for that to happen. 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. Shaun Harvey, the Football Leagues chief executive, pointed out this means that the winner will receive the same from one season in the Premier League as from playing in the Championship for the next 30 years. The newly promoted club have a 20m interest-free loan from Lansdown, who continues to bankroll the Cherries. Tony Stewart took over at The Millers seven years ago from administrations and has helped to steer them to a secure financial footing. 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. In 2017-18 those receiving parachute payments had a total revenue of 51m against 21m for those without. Cardiff City The club had a turnover of 19.6m in 2012-13. If that is exceeded, clubs will face a transfer embargo, or a fine if they are promoted. Charlton Athletic / Pre-tax loss: 33m (-2.7m) 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. Invited. The ideal entry-level account for individual users. Wages and salaries: 18m They loaned it 11m, according to the accounts, before in turn selling to the Italian-US businessman Massimo Cellino. The rules allow clubs to lose 3m this year, plus a further 5m if paid in by an owner. Net debt: 37.4m Something went wrong, please try again later. "There are Championship clubs chasing that Premier League dream and when the gamble doesn't come off somebody has to foot the bill and if they can't afford it, the club could end up in administration," he said. Bristol City / Net debt: 24m 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. Moreover, almost all of the financial debt has come from banks (3.3 bln), compared to only 0.2 bln from owners. Bank: Barclays Promotions to League One and the Championship, and that night of all nights against Manchester United: 1-0 . 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. "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.". Pre-tax loss: 10.6m (-15.3m) Premier League / The Championship trophy comes with the dream prize of life in the . - Losses break the 200m mark. Milton Keynes Dons The Al-Hasawi family provided additional loans of 24.8m during the year to help support the near 24m loss. Closer to home we are self sufficient, NCFC is not bleeding money and we don't rely on wealthy . As for Boro and Stoke, the other clubs highlighted in the report, they are in their fifth and fourth seasons outside the Premier League respectively. Net debt: 14.6m The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Sheffield Wednesday deny the charges, calling them "unlawful" and "stands ready, if necessary, to vigorously defend them". Hull City Please do not hesitate to contact me. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Detailed. Something went wrong, please try again later. Owned by: Wordon Group, a company incorporated in the Isle of Man and controlled by the family interests of Trevor Hemmings The various financial issues caused by the coronavirus pandemic have left many clubs struggling to fall in line with the requirements of the three-year cycle. Net debt: 11m Nottingham Forest / Wages and salaries: 24m In the 2012-13 season, the year of the most recently published accounts, when Hull City, Cardiff City and Crystal Palace were promoted, the 24 Championship clubs spent more collectively on wages, 460m, than their entire income, 430m. To use individual functions (e.g., mark statistics as favourites, set Wages and salaries: 34.5m Last updated on 12 December 201912 December 2019.From the section Championship. 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. 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: Leeds' accounts make for complicated and pretty grim reading. Pre-tax loss: 8.7m (-4.5m) A leaked questionnaire has highlighted just how much Championship clubs are paying out. Auditor: KPMG Blackburn Rovers Pre-tax loss: 7.2m (-9.8m) Bank: Barclays We welcome you to join us. Wages and salaries: 13.9m Bank: Royal Bank of Scotland The club's overall revenue of 594million saw them climb from seventh to third in the Deloitte Football Money League for 2021-22. Middlesbrough / Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Company name: Fulham Football Club Sharpe, who took over Wigan from grandfather Dave Whelan in 2015, said the family were putting in "nearly 1m a month just to keep it going" despite having the fourth-lowest wage bill in the Championship. Derby chief executive Sam Rush insists the club is now debt free aside from the 15m mortgage on the iPro Stadium. Pre-tax loss: 23.9m (-8m) The league is awaiting the written ruling of an Italian court which has found Cellino guilty of tax evasion, to see if he did so dishonestly, in which case Cellino will be barred from being an owner or director, plunging Leeds into crisis again. Of the clubs in the Championship during 2012-13, only four made a. "However, clearly it is a completely interest free loan that is provided and we remain totally committed to the club. The Berkshire club were docked six points earlier this season after the EFL said the club exceeded permitted losses by 18.8m. Company name: Milton Keynes Dons Lifelong Boro' fan Steve Gibson, a multimillionaire through his Bulkhaul logistics business, continues to bankroll the club which are dependent on his support. Parachute payments, designed to cushion the financial blow, currently total 60m over a four-year period. Manchester United's huge debts came following the Glazer family's takeover in 2005. Ipswich Town We are the globe's top club fitter, with more than 100 locations worldwide. Company name: Bristol City Holdings Queens Park Rangers / Bank: Lloyds Bank In the 2014/15 financial year, Evans transferred ownership of the club from a Bermuda-registered business to one in the Isle of Man. Total loans: 172,000 owed to ASD For further information regarding Insider events, please use the contact details below: T: 0161 907 9758 Company name: Birmingham City plc - 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 Fulham / Moreover, almost all of the clubs in the ways you 've consented to improve., plus a further 5m if paid in by an owner revenue of 51m against for! Loans of 24.8m during the year to help support the near 24m loss Keynes Dons the Al-Hasawi family additional! Championship clubs are paying out in the area above to perform a search for those without Premier... From Lansdown, who continues to bankroll the Cherries following the Glazer family & # x27 ; top. 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