My Authors
Read all threads
Preston move from a profit of £2.6m in 2018 to a loss of £14.2m in 2019 due to no significant player sales & big ⬆️ in wages. #PNEFC Image
Preston had £1.6m in bank at 30 June 2019. Total losses over the years are £28.6m. Club technically insolvent but owner committed to covering losses #PNEFC Image
Owner Trevor Hemmings lent Preston a further £6.7m in 2018/19 #PNEFC Image
Biggest contributor to Preston income is broadcasting at £7.5m, of which about £4.5m comes from the Premier League #PNEFC Image
Preston wage bill up £4.7million. Club paying out £143 in wages for every £100 of income. #PNEFC Image
Preston player trading. Purchases £4.2 million and sales £250k. #PNEFC Image
Preston are owed £2.1m from other clubs for outstanding instalments on player sales & owe other clubs £1.4m for player purchases. Image
Preston owed Trevor Hemmings £43million interest free at 30 June 2019 #PNEFC Image
Since the end of 2018/19 Preston owner has lent club a further £4.1 million Image
Now that I'm back from walking the dog a few more figures for context. Preston had second lowest revenue in the Championship. #PNEFC Image
Preston third lowest matchday revenue in Championship #PNEFC Image
Championship clubs have total operating loss of £598.5 million, will change as more clubs report their 2018/19 results but even so could be a record. Average of £24.9m. #HCAFC made biggest profit due to parachute payments, only #RUFC made a genuine breakeven. Image
Preston had 7th lowest wage bill in Championship #PNEFC but 6th highest wage to income ratio. ImageImage
Preston average weekly wage £9,156, compared to average for the division of £16,014. For clubs to break even average wage would have to be £4,424 a week @markchapman Image
For every £1 paid in wages Preston fans paid 18pence via matchday revenues. Image
Combining wages and transfer fee amortisation costs meant that Preston spent £166 on player costs for every £100 of income in 2018/19 Image
Preston player spend of £4.2m was lower than average in division of £14m but figures distorted by some clubs at the top of table. Image
Championship net spend per club just £1.5 million as many clubs business model is to sell at a profit to cover losses rather than buy. Image
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with PriceOfFootball

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!