Despite Covid Shrewsbury income did not fall in 2019/20 as FA Cup money from Liverpool match helped offset loss of revenue from curtailment of season. #SALOP Image
Matchday income similar in 19/20 to previous season despite fewer matches played. Broadcast income up 14% due to some streaming income & live matches on TV. ImageImage
Shrewsbury, like many lower league clubs, very dependent upon matchday ticket sales as teams in League One only get 12% of the EFL broadcast deal and solidarity payments. Image
Shrewsbury wage bill up 4% although the club did also receive £393k in furlough grants. Shrewsbury paid £78 in wages for every £100 of income. Average weekly wage just under £2k a week. Staff numbers fell from 210 to 167. ImageImageImage
Shrewsbury day to day losses actually fell in 2019/20, but unlike the previous season they did not have large player sale profits. #Salop made a loss after player sales for first time since 2015 ImageImageImage
Shrewsbury show that a club can adopt a long term breakeven model and still compete on the pitch as they have made profits over the years of over £13 million. Image
Shrewsbury broke even in terms of player trading in 2019/20. Image
Shrewsbury had no debt and over £3m in the bank at end of 19/20, although did take advantage (rightly) of govt pay delay scheme so owed £1/2m in payroll taxes & VAT. Image
Spreadsheet summary. #Salop Image

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More from @KieranMaguire

4 Jun
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 Image
Huddersfield had over £10m in the bank at end of 19/20. Total losses over the years now exceed £40m Image
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. Image
Read 9 tweets
3 Jun
Cardiff City accounts out for 2019/20: Headlines
Revenue down £80m (64%)
Wages down £17m (33%)
Operating loss of £23m compared to £33m profit
Player sale profits £14m (£2m in 2019)
Player signings £18m
Matchday income halved to £3.7m, Covid did not help but crowds fell too. Image
TV income down £70m. Image
Read 9 tweets
26 May
Barnsley Income up 82% in 2019/20 despite Covid impact following promotion back to Championship.
Main reason for rise in Barnsley income was 231% increase in TV money from £2.6m to £8.5m.
Barnsley costs increased too especially wages up 37%, average weekly wage £5,168 is still a third of the average in the Championship.
Read 6 tweets
25 May
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.
Read 4 tweets
24 May
Rochdale revenue at a record £4.92m in 2019/20 on the back of a third round cup match at Old Trafford. Image
Matchday income for Rochdale up 68% in 2019/20 despite early curtailment of season. Image
Broadcast income up a quarter, partly due to use of iFollow for matches played BCD. Image
Read 10 tweets
27 Apr
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.
Read 15 tweets

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