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Huddersfield have highest operating profit in Premiership

Modest spending by Huddersfield meant the club had the highest operating profit of any club in the Premier League last season. The club reversed a loss of £22 million in the Championship to a profit of £23 million in their first season in the Premier League.

Dean Hoyle lent the club £16.8 million following promotion to ensure it was ready for the Premier League but the club’s success and retention of its place in the Premier League allowed it to repay this and a bit more. They still owed him £49m at 30 June 2018.

Turnover increased from £15.8m to £125.2m. Overall employee costs increased by 188 per cent to £62.6m. They represented a healthy 50 per cent of turnover.

The club continued to invest in infrastructure with capital expenditure of £5.1m. The club has plans for a major redevelopment of its training complex, PPG Canalside. The public provision housed there would be moved to a new facility at Leeds Road.

Matchday at £4.8m accounted for just four per cent of total revenue. In contrast, broadcasting and Premier League payments at £109.8m accounted for no less than 88 per cent.

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