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AFC Wimbledon make £500k loss

AFC Wimbledon made a net loss of £507k in 2017/18 compared with a profit of £50k in the preceding year. This was partly due to £200k of set up costs for the new stadium. Kingsmeadow was sold to Chelsea for £7.5m and is being occupied rent free until the new stadium is ready.

Turnover was up marginally from £4.87m to £5.05m. Match receipts accounted for 57 per cent of income. Sponsorship and advertising accounted for 12 per cent and bar and catering for 8 per cent.

Wages and salaries were up 17 per cent at £379m. They have doubled since 2013. They accounted for 75 per cent of turnover, a little above the Uefa recommended level of 70 per cent.

Player purchases cost £86k and sales £422k giving a profit of £336k.

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