Lincoln post losses of £2m!!

Quoted from nealeardleyscrossing

I don't think the fact 2 of our backroom staff went to Grimsby is an issue at all - You do realise we replaced them with Kennedy's choices don't you?

I would be worried if you were pinching our best players, unfortunately that did happen, but to Rotherham, Wigan and Blackburn, and for decent cash.

So selling players to cover losses then?

I wish we would spend some money on a few players WTF are we waiting about for?

Quoted from MarinerDevil

Just to show how mental the Championship is, Preston's accounts were posted today:

• £20m gross loss for the year
  
• £16.8m post-tax loss
  
• Accumulated losses of £69m, funded by owners
  
• £86m debt, mostly interest-free directors loans
  
• Wages £178 for every £100 of income
  

https://twitter.com/KieranMaguire/status/1616089391109402627?t=davyNSws3fMezpRCqnT84g&s=19

Accident waiting to happen, but not the only example I would imagine.

Quoted from HertsGTFC

Accident waiting to happen, but not the only example I would imagine.

Reading's another one where you wonder how they still operate at all.

Quoted from pen penfras

2.2, 0.9, 1.4 and now 2 million. Sounds like a Scunny trajectory

Hard to think in what other industry losses of £6.5 million in four years could be viewed as anything other than cause for massive concern over viability.

Shows how badly football is governed when you have Championship clubs with such huge debts and committed wage bills. I do wonder if much of these wage costs are driven by the Premiership clubs having such large squads and paying a number of their under 21 players five figure sums each week.

Thus to attract some of the better younger players the Championship clubs have to at least match wage rates. Then you have those clubs that just gamble on reaching the end of the rainbow and getting that minimum payment of £100M from being in the Premiership.

Let’s face it most Premiership, and a significant number of Championship, players have a much higher annual turnover than most L1 & L2 clubs. Not healthy for the long term unless a fairer redistribution of money can be agreed.

Quoted from RonMariner

Hard to think in what other industry losses of £6.5 million in four years could be viewed as anything other than cause for massive concern over viability.

Rugby Union premiership - those figures would be an outstandingly good financial performance.

That house of cards has started to collapse. Leicester with 20k crowds will be left with no fecker to play against.

The big 6 Prem hoover up players distorting wages down into the Championship and lower. Preston’s gates are reasonable but those losses posted above are getting towards the rugby prem levels - it cannot be sustainable

Quoted from Limerick Mariner

Rugby Union premiership - those figures would be an outstandingly good financial performance.

That house of cards has started to collapse. Leicester with 20k crowds will be left with no fecker to play against.

The big 6 Prem hoover up players distorting wages down into the Championship and lower. Preston’s gates are reasonable but those losses posted above are getting towards the rugby prem levels - it cannot be sustainable

They can join the URC and face the financial black hole that is Leinster twice a season lol.  Even in that league, where a lot of the clubs are centrally funded, pre-covid the only club to regularly run at a profit  or break even was my beloved Scarlets.  I can sort of see why a club like Preston might be happy to run up £80m of debt because if you genuinely think you'll get into the premier league then that debt can be wiped clean (in theory) next season but it's a massive gamble to take