Several football clubs in the UK have reported significant financial losses for the 2022-23 season. Fulham recorded a £26m loss despite a record turnover of £182.3m. Leicester City posted an £89.7m loss, with player sales expected to mitigate further breaches. West Bromwich Albion and Birmingham City also reported losses of £11m and undisclosed amounts, respectively.
Leicester reveal significant financial setbacks amid huge uncertainty at club https://t.co/hs2iD670KM
🚨 NEWS: Burnley’s auditors have issued a warning about the club’s financial position in the latest accounts if sufficient funds are not raised in the event of relegation. Club posted a £27.9million post-tax loss in 22-23 accounts. #twitterclarets https://t.co/7DgBKLTtv4
🚨🔵 Chelsea official statement. “Chelsea Football Club is aware of a video clip circulating on social media from Saturday’s fixture against Burnley, which has been taken considerably out of context”. “The subsequent level of abuse and defamatory comments directed towards Conor… https://t.co/HbKyqyTfdQ
🚨🔵 Chelsea official statement. 🗣️ Chelsea statement on Conor Gallagher pre-Burnley. “Chelsea Football Club is aware of a video clip circulating on social media from Saturday’s fixture against Burnley, which has been taken considerably out of context”. “The subsequent level… https://t.co/6jfHUeGFRj
Birmingham City have released their annual accounts via Companies House for the 2022-23 season - the financial year which ended just a fortnight before Knighthead Capital's investment and purchasing of almost half of the club from Birmingham Sports ... https://t.co/NSQIfjtKmo
Birmingham City's accounts for the 2022-23 season have landed on Companies House - they made another loss just prior to Knighthead's arrival https://t.co/kkvXshSLhj
West Bromwich Albion have recorded a loss of £11m for the year ending June 2023, having filed their accounts and financial statements to Companies House, as required, by the end of March. https://t.co/W9wUbACUQ3
West Bromwich Albion report £11m loss for 2022-23 season https://t.co/Fn90rsLHJz
The Club has announced financial results for the year ended 30 June, 2023, this morning.
Leicester City’s 2022/23 financial accounts explained. I think it’s safe to say we’ve had another breach. The real question is whether Leicester can avoid an Everton-style pair of breaches. https://t.co/crdw7SGLFu
The club have issued a statement. https://t.co/FKPNw2En4U
The cost of relegation is starting to show as #LCFC have posted a loss of £89.7m pre tax. That's despite a transfer profit of nearly £75m. Susan Whelan says on relegation... "the consequences of which will be felt for some time." More to follow.
#lcfc announce huge £89.7m losses for 22/23 (92.5m last year). Player sales inevitable before Jun30 to avoid further breaches 🔵 highest wage bill outside Big 6 🔵 unplanned cost of Rodgers payoff 🔵 losses INCLUDE Fofana/Maddison 🔵 “financial challenges” https://t.co/kpxoPqgYM7
Fulham confirm loss of £26m for year ending 2023. Turnover was £182.3m -- which I believe is a record. #FFC attribute figures to 10th place finish in 22/23. Full accounts still to be published so will get more detail in due course.