Skip to main content

"If you want some accessible but informative insight into football then I suggest you couldn't do better than the Political Economy of Football website, which is not only intelligible but comes with the added bonus of being written by Addicks fan Wyn Grant."
Ben Hayes - Charlton Athletic programme

Financial Results


Bundesliga continues to thrive

The German Bundesliga continues to thrive, reporting record financial results for the 11th year in a row. With a reputation for reasonable ticket prices, the league reported a seventh year of record revenues, up 7 per cent at €2,6bn.

Profits increased to €51m, up by 31 per cent.

Wigan make loss

Wigan Athletic made a loss of £3.9m in 2014-15, their first loss in four years.   In the previous year they made a profit of £2.6m.  Turnover fell from £37m to £28m.  One factor was a reduction in Premier League parachute payments.   The club's net debt now stands at £13.3m.

Spending money by the sea

The author of the Swiss Ramble blog has turned his attention to Brighton and Hove Albion and provides a fascinating and in depth financial portrait of the club.

Like virtually all Championship clubs, the Seagulls lose money big time and are reliant on funding by their owners.   Some owners are more generous than others and there is no doubt that Tony Bloom has pumped huge sums into the club.

Brighton make big losses

The difficulties of competing effectively in the Championship without parachute payments are shown by the accounts of league leaders Brighton and Hove Albion for the 2014-5 season. They reported losses of £10.44m.

The club finished 20th last season which helps to explain why turnover declined by £300k to £23.7m. Operational efficiencies helped to hold down administrative costs, but footballing costs were up and represented 100 per cent of turnover, twice the recommended level.

Big losses at Forest Green Rovers

Forest Green Rovers racked up losses of £2.9m last year and have accumulated debts of £5.4m.   They are bankrolled by their wealthy green industrialist owner, Dale Vince, formerly a New Age traveller.  The players are forbidden to eat red meat and red meat products are banned at the ground which means that high quality veggie burgers are on offer.

Losses down at Hibs

Hibernian have reported losses of £840,000, down on £1.2m the previous year.   The club insists that underlying finances are in good shape with a debt restructuring successfully completed.  A share issue raised additional funds and 19 per cent of shares are now held by supporters.

Best ever financial results for Bayern Munich

Increasingly looking like the leading European team, Bayern Munich have announced the best ever financial results in their 115-year history.   Turnover is up to £368m, although that still leaves them slightly behind Barcelona and Real Madrid in terms of revenue.

£23.1m loss at Chelsea

Chelsea made a £23.1m loss in the financial year ending 30 June 2015, but remained compliant with financial fair play rules.   Turnover was down slightly from £319.8m to £314.4m.   Commercial and matchady revenue was broadly steady.

Manchester United set to break through £500m barrier

Manchester United are set to become the first club to break through the £500m barrier after reporting record first quarter results of £123m.  Annual revenues should be in the region of £500m-£510m.

The return to the Champions League, and sales of the new Adidas 2015-16 shirt, contributed to revenues that were up by 39 per cent.

However, profits declined from £8.7m in the same period last year to £5m.   This reflected losses of £7.4m on player trading.

Static turnover at Charlton but club under threat

Charlton Athletic owner Roland Duchatelet is far from popular with fans of the South-East London club. Yesterday he authorised the sacking of the third manager from his European 'network', Guy Luzon. Charlton are currently in the relegation positions in the Championship.