Middlesbrough / Net debt: 46.1m Bank: Royal Bank of Scotland T: 0161 907 9747 Wages and salaries: 5.7m We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Wolverhampton Wanderers /, David Casey, Digital News Editor Many teams are recording significant losses over one or two seasons in an attempt to gain promotion to the Premier League. Southend also announced "working capital" funds had been injected to help the club over the coming months. Turnover: 19.6m (15.3m) He said he "would not be surprised" if in the next five years a Championship club entered administration and dropped out of the Football League. Cellino, who this year served a Football League ban after failing its 'owners' and directors' test', has since claimed Leeds were close to break-even in 2014-15 with their wage bill down to 10.5m. "There are Championship clubs chasing that Premier League dream and when the gamble doesn't come off somebody has to foot the bill and if they can't afford it, the club could end up in administration," he said. Pre-tax loss: 1.7m (-2.5m) Auditor: KPMG Since the 2015 year-end, Rovers have sold Rudy Gestede to Aston Villa and the departure of top striker Jordan Rhodes to help balance the books remains a possibility. The analysis, conducted with accountants Deloitte and football finance experts Vysyble, found: This follows the introduction of new profit and sustainability (P&S) rules by the English Football League in 2016-17. The dire financial state of the Football League Championship has been revealed by the Guardians analysis of the 24 clubs most recent accounts, which shows they owed a combined debt of almost 1bn. Net debt: 47.1m We are the globe's top club fitter, with more than 100 locations worldwide. Turnover: 12.8m (14.2m) Turnover: 6.1m (9.9m) Total loans: 20.9m owed to GFH Capital; Eleonora Sport is owed 8.4m; Cellino is owed 1.3m; and Eleonora Immobiliaire is owed 2.5m Pre-tax loss: 7.3m (-2.3m) On Wednesday, Georgia police announced a warrant for Carter's arrest on suspicion of reckless driving and racing. Invited reflects our proud history of inclusiveness and captures our welcoming spirit. 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The Shrimpers sit sixth in the National League, looking to make a push for the play-offs. Parachute payments this year will mean Sean Dyche's side are better placed to challenge for promotion than most. Total loans: 172,000 owed to ASD All the clubs who were in the Championship last season have now published their financial accounts, with the exception of relegated Bolton. Losses / Auditor: Deloitte Bank: State Bank of India Wolves and Cardiff provided no comment. Turnover: 6.1m (5.8m) Company name: Bolton Wanderers Football & Athletic Company Blackburn Rovers / The Championship trophy comes with the dream prize of life in the . You need at least a Starter Account to use this feature. Sharpe, who is now an agent, says that "a salary cap is the only way to solve the problem". In the 2012-13 season, the year of the most recently published accounts, when Hull City, Cardiff City and Crystal Palace were promoted, the 24 Championship clubs spent more collectively on wages, 460m, than their entire income, 430m. Premier League / Figures come from published 2017-18 accounts of each club company or group structure. You only have access to basic statistics. THE CLUB CHAMPION DIFFERENCE: IMPROVE YOUR GOLF GAME WITH A CUSTOM GOLF CLUB FITTING. In accounts posted to Companies House for the year ending May 31, 2020, Stoke say they were hit hard by a combination of the pandemic and the continued ramifications of relegation from the Premier League. Owned by: Tune QPR, registered in Malaysia and owned by Tony Fernandes, Kamarudin Bin Meranun and Ruben Emir Gnanalingam (66 per cent); and Sea Dream, the family holding of Lakshmi Mittal (33 per cent) Championship 21.25m 125550000 101350000 96550000 86450000 69600000 66700000 60050000 56700000 52100000 51750000 48700000 45650000 41200000 41075000 40200000 38450000 34475000 33100000 32600000 30175000 29250000 28950000 22400000 21250000 Company name: Burnley Football & Athletic Company The owners wealth must be a bit irrelevant then, maybe a lot of these clubs are bleeding money, the owners offset the losses a bit but don't throw good money after bad. And with United not winning silverware anymore, things will likely not improve in 2020. Championship clubs, including Cardiff City, have together amassed more than 1.1bn of debt, exclusive research compiled by Insider has revealed, highlighting the alarming state of some of the teams who are battling to reach the top tier of English football. Championship losses across four clubs so far: 76.6m. Former Wigan chairman David Sharpe, who sold the club in 2018, said the situation is "frightening" - following a BBC Radio 5 Live Investigation Unit analysis of the Championship's finances. The divisions severe difficulties are caused principally by the financial chasm between the Championship and the Premier League, which means promotion, which will be claimed by either Derby County or Queens Park Rangers in SaturdaysWembley play-off final, is worth at least 120m. The league is awaiting the written ruling of an Italian court which has found Cellino guilty of tax evasion, to see if he did so dishonestly, in which case Cellino will be barred from being an owner or director, plunging Leeds into crisis again. As always you can unsubscribe at any time. Lifelong Wednesday fan Chris McClure told BBC Radio 5 Live his club's situation "shines a light on a bigger problem" within the league and its finances, and he now feels "numb" going to watch his side, with their season in limbo as they await their fate. Y/E: 30 June 2014 Wages and salaries: 30.1m Charlton Athletic / Derby County / Furious Championship clubs on Saturday night rounded on both the Government and English Football League over their failure to agree terms on a season-saving 100 million-plus bailout for the . New P&S rules introduced by the EFL from the 2016-17 season allow the majority of clubs 39m in losses over three seasons. "We can see it coming and it's only been brought about because the transfer market has crashed. Prutton assesses West Brom, Fulham and Sheff Utd's chances of success, Reading were docked six points this season for a breach of profit and sustainability rules, Bristol City are in their seventh consecutive season in the Championship, Stoke City are in their fourth season outside the Premier League, Despair for Andy Carroll as he scores two superb goals - only for both to be ruled out, Where last 10 Championship top scorers are now from Premier League to non-league. Company name: Brighton & Hove Albion Holdings Seminole. Cardiff City / In November 2014, clubs agreed to a new set of rules from 2016-17 whereby finances will be monitored over three seasons during which a 15m loss is permitted. Let us know in the comments. We also may change the frequency you receive our emails from us in order to keep you up to date and give you the best relevant information possible. Deloitte say this gap between wages and revenue is likely widen further to what they call an "unwelcome record high" when the 2018-19 accounts are published next year. Fulham Preston North End are the fourth 2021/22 Championship club to release financialsand fourth to declare eight-figure loss. Derby County and Reading have both received points deductions this season in the Championship, with the Rams' two separate punishments totalling 21 points and Reading. Ipswich are not in debt to any financial institution with all loans owed to Marcus Evans, the conference and events entrepreneur who has a reported wealth of 765m. I was amazed by this table. For further information regarding Insider events, please use the contact details below: T: 0161 907 9758 The EFL said: "The Premier League does remain an important part of the financial mix across the EFL through the provision of parachute payments and contracted solidarity payments," adding that "this assists in providing clubs with increased clarity when making long-term financial commitments.". 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