Big losses in National League
30/03/2024 12:09
The vast majority of National League clubs have published accounts now for 22/23, reports football finance guru Kieran Maguire. Few clubs have published full details, but of those that have, there is a big difference.
Over the years,
the companies that own NL clubs have lost over £140 million between them.
Only two clubs
have made a profit in the National League and overall the losses for the season
were over £21 million (Southend figures from 2021 and nothing for York )
Only five clubs signed players for fees. At
end of season only five clubs had squads that cost transfer fees.
Yeovil Town lost £1.5m in 22/23 when the club was relegated
from the National League. Yeovil are funded by loans from owners and
Sports Council.
