Luton Town submit 2021 accounts. Not directly comparable with 2020 which covered 13 months trading. Revenue ⬇️ £2m+ due to COVID. Day to day losses £7m but covid insurance and player sales ⬇️ this to £2m. Previous year showed profit due to bigger player sale gains. #LTFC 
Luton had over £1m cash in the bank at end of season and total historic losses were £17m.
Matchday income ⬇️ £3m due to matches BCD. Luton claimed furlough of £579k and had sense to take out business insurance cover which paid out over £2m on covid claim.
Luton wage bill lower on monthly basis than 2020. Ave weekly wage £6,500 one of lowest in EFL Championship @ColinMurray compared to average of £15,000 pw.
Luton highest paid director earned £670k
Luton owed £893k in outstanding transfer payments to other clubs but due to receive over £4.2m themselves from player sales.
Luton bought players for £2.6m in 2020/21 and had sales of £2.2m
Luton have borrowed nearly £6m. This mainly loans from EFL to pay outstanding tax as the Luton club owners, unlike one from another club, believe in paying their taxes.
Luton May have to pay transfer fee add ons of £700k if certain goals achieved
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