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Some puzzles in Blackpool accounts

Blackpool FC have at last published their accounts and Kieran Maguire of the PriceofFootball comments, 'Blackpool have made profits of nearly £46 million since 2011, of which £17 million has come from player sales. This is an unprecedented level of profit for a club of its size. Where has that money gone?' He adds, 'the best news for fans is seeing the list of directors names & those who’ve resigned.'

Blackpool paid £128 in wages for every £100 of income in 2017/18. The operating loss to June 2018 was £3.2m.

Gate receipts were down from £660k in 2017 to £376k in 2018, although surprisingly season ticket sales were up. The biggest stream of income was from the Premier League and Football League distributions (£1.57m). There was a £1.8m profit on player transfers.

Maguire notes, 'the impact of a year in the Premier League and subsequent parachute payments highlighted in the revenue totals': £51.6m in 2011; £28.7m in 2012; £3.3m in 2018.

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