Huddersfield income ⬇️ £66m in 2019/20 following relegation. Club has gone from a £1m profit to a £22.7m loss, although player sales reduced this by £18m. Interest on loans over £80,000 a week. #HTAFC
Huddersfield had over £10m in the bank at end of 19/20. Total losses over the years now exceed £40m
Broadcast income (parachute payments & EFL TV deal) =85% of Huddersfield’s total. Wages more than halved, £57 in wages for every £100 of income. Ave first team weekly wage £14,000.
Amortisation (transfer fees spread over contract life) costs £28m. Huddersfield also wrote down player values by £6m as they were bobbins. Bad debt of over £1m in previous year due to rogue sponsor not repeated.
Huddersfield bought players for £14m in 19/20 and had sales of £22m
Huddersfield have outstanding loans of £57m in 19/20, repaid £11m in the year and have annual repayments of director loans over next few years.
Total #HTAFC income puts them third in the Championship table last season.
Huddersfield high position driven by parachute payments which helped it to top place in broadcast income table.
Huddersfield wages about mid table for Championship.
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