The Preston formula

Championship clubs lose money hand over fist, but Preston North End have more modest losses, although any increase in income is invariably paid out in wages: Preston

The 'Baron' concludes: 'PNE have shown it is possible to survive with relative ease in the Championship without spending huge sums of money. At the same time they have achieved that by spending every penny they earn on player wages, and relying on an owner to cover the remaining costs of running the club. They have significant debts due to the owner of about £30 million, but it’s unlikely that there will be a request to repay these sums.'

The question remains will they be perpetual nearly men, or will they have a chance at the play off lottery?

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The Political Economy of Football V2

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