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Mar 29 • 4 tweets • 2 min read
Phoenix 2021 Ltd, the company that bought Wigan Athletic from the administrators (don’t think it included the statue) publishes results for Jan-June 2021. Club lost £1.5m but player sales ⬇️ this to £600k #WAFC
Phoenix 2021 had over £1m of cash in the bank at 30 June 2021, mainly due to £3.7m injected into club by shareholders when set up.
Wigan did not have any gate receipts due to Covid. Biggest income source was academy grants followed by Premier League solidarity payments. Wages were £214 for every £100 of income as no ST or matchday revenues.
Phoenix 2021 is controlled by a company in Gibraltar

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More from @KieranMaguire

Price Of Football Profile picture
Mar 30
Fleetwood Town publish accounts for 2020/21. Revenue up despite a season BCD, club lost £54,000 a week in the season. Image
Fleetwood have lost over £23 million in total. Image
Fleetwood claimed £1.5m in furlough income over last two seasons Image
Read 7 tweets
Price Of Football Profile picture
Mar 30
Fulham publish 2020/21 accounts.
Revenue doubled to £116m but pre tax losses almost did the same going from £48m to £93m despite being in the Premier League #FFC Image
Fulham had £18m cash in the bank at end of season but total losses over made over the years were a drop my bacon sandwich £493,000,000 Image
To fund the losses (and infrastructure spend) Fulham borrowed £151 million from its parent company in 2020/21 and a further £93m since the end of the season ImageImage
Read 10 tweets
Price Of Football Profile picture
Mar 29
Everton publish 2020/21 accounts: 🔑figures
Revenue £193m ⬆️ 4%
Wages £183m ⬆️ 11%
Ave Weekly Wage £85k ⬆️£8k
Operating loss £103m ⬇️ 13%
Player sale profits £13m ⬇️ £27m
Accumulated losses over time £447m
Revenue a record £193m mainly due to extra EPL matches played in period 1 July 2020 to 30 June 2021 Image
Main income source is broadcast which was up £48m because 44 games played in year to 30 June 2021 compared to 32 in 2020. Image
Read 10 tweets
Price Of Football Profile picture
Mar 29
Russian owned Bournemouth publish their 2020/21 accounts. 🔑figures
Revenue £77m ⬇️ 25%
Wages £57m ⬇️47%
Operating loss £33m ⬇️56%
Player sale profits £56m ⬆️143%
Player purchases £7m
Player sales £68m
Loans £165m ⬆️30% #AFCB
Income down to just over half the levels of two seasons ago, expect another significant fall in 2021/22 as last season includes some PL money as matches played before relegation in the 1 July 2020- 30 June 2021 period Image
Broadcast income £67m, usually clubs get about £42m from parachute payments plus £2.5m EFL money, but Bournemouth figures higher due to PL matches taking place in the financial year. Broadcast income 88% of total. #AFCB Image
Read 13 tweets
Price Of Football Profile picture
Mar 28
Brighton publish 2020/21 accounts. 🔑 numbers
Income £152m (up 14%)
Wages £109m (up 6%)
Operating losses £50m (down 20%)
Player purchases £31m
Player sales £17m
Owner total investment £427m #BHAFC
Not all clubs have published 2020/21 accounts, Brighton income record level for club despite matches BCD & broadcast rebate (about £3m). Lowest of clubs who have reported 2020/21 figures to date.
Broadcast income 81% of total for Brighton, higher than previous season as played 44 games in PL in year to 30 June 2021 compared to 32 the previous year impacted by Covid/lockdown. Still lowest of clubs reporting to date for last season though
Read 11 tweets
Price Of Football Profile picture
Mar 4
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.
Read 9 tweets

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