Morecambe accounts out for 2019/20. Revenue held up despite season being curtailed due to Covid. #Shrimps
Main cost for clubs is player related, Morecambe have not spent any money on transfer fees for many years but wages are usually about 80% of income. Even so average wages one of the lowest in the EFL at less than £1,100 pw.
Morecambe losses halved in year and club did receive £297k in furlough payments in 2019/20 that helped towards end of season Club has averaged losses of £1/2 million a year in last 8 seasons.
Club has been reliant on owners to subsidise the losses in recent years and 2019/20 was no exception. Borrowings have increased
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Liverpool publish 2020 results: Headlines
Revenue down 8% to £490m
Wages up 5% to £326m
Net transfer spend zero
Net debt (borrowings less cash) up £28m to £119m #LFC
Overall revenue down but only goes to 31 May and includes 31 PL matches, which will bounce back in 2020/21 as more broadcast income from more matches #LFC still 2nd highest revenues in PL
Matchday income down due to closed stadium and lockdown. Would have been a record amount had it not been for Covid. LFC have 31 May year end, some other clubs have 30 June or 31 July so squeezed in more matches.
Crystal Palace lost £58 million in 13 months to 31 July 2020, wages were 93% of income. This is from club statement, full accounts will be published later @kevinhunterday#CPFC
@kevinhunterday Can't draw too many conclusions from figures as some clubs published 12 months & others 13. Best to look over period 2019-21 in due course. Palace 19/20 revenue mid table, Sheff Utd figs show importance of final league position.
Some may be surprised that Palace gross wages > West Ham but after adjusting to 12 months ave weekly wage is lower at 'just' under £57k a week, up 1,304% in a decade. #CPFC
Middlesbrough income ⬇️65% and operating losses pre player sales £38 million in year to 30 June 2020 #MFC#Boro
Middlesbrough total losses now total £206 million and club have £147 million of creditors.
All three revenue sources, Matchday, commercial and broadcast down in 2019/20, but end of parachute payments main driver of fall as TV income went from £40m to £8m. Director pay just £2k but main payment coming from elsewhere in Gibson O’Neill empire.
Rotherham day to day revenues down 46% in 2019/20 due to impact of relegation and a curtailed League One season due to Covid. #RUFC
Rotherham matchday revenue down a third, season ticket sales held up but smaller on the day sales (esp away fans in L1) and no income post lockdown. #RUFC
Broadcast income down 65% as EFL splits TV deal 80% Championship 12% L1 and 8% L2. Rotherham did benefit from some parachute payments in 2019/20 following relegation the previous season. Will bounce back up 2020/21