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Half of League One clubs made a profit in 2016/17

Now that Oldham Athletic have submitted their accounts final totals for League One in 2016/17 are available, reports Kieran Maguire of the PriceofFootball. It looks as if the division made an overall loss of £22.2 million, although it was encouraging to see 12 clubs make a profit. Sheffield United and Millwall made the biggest losses, Swindon and Rochdale the most profits.

Total player signings in League One in 2016/17 were £8.6 million. Sheffield United spent by far the most. Oxford United were the only other club to spend more than a million. Five clubs spent nothing on signings. (League One clubs often rely on loans from the Premier League or Championship).

Total debts of League One clubs were £258 million. Most of these are to owners, or companies controlled by owners. The highest sum due is that by Charlton to a company controlled by unpopular Charlton owner Roland Duchatelet at £65m.

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