Kieran Maguire of the PriceoFFootball comments on Preston North End's accounts for 2017/18: 'Preston show how a club that most assume is run modestly still finds it tough financially in the Championship as they lost £140,000 a week from trading and needed player sales to offset this 2017/18.' The chasm between Premier League and Championship broadcasting deals was highlighted by Preston earning £7m from TV compared to £100-120m in the Premier League.
Turnover declined marginally to £13.35m. Profit before taxation was £2.64m after a loss of £434k the previous year.
53 per cent of income (£7.1m) came from Premier League and EFL distributions and televised games. Match day and season ticket sales accounted for 26 per cent at £3.4m, down marginally from the preceding year. Commercial revenue was down slightly at £1.1m.
Preston's wage bill was up 10% to £15 million, which is low by Championship standards. Still paying out £113 in wages for every £100 of income though.
The club's owners stuck in another £5.6 million in interest free loans last season to keep the club afloat. The club owe £36 million to the owners in total.
Preston bought players for £5.4 million and had sales of £10 million in 2017/18.
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