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Bristol City lose half a million pounds a week

Only Bristol City and Hull have published their 2018/19 accounts to date in the Championship, but Bristol City have the second highest income total in the division excluding parachute payments after Leeds United, reports Kieran Maguire of the PriceofFootball.

Match day income was £6m (down nine per cent). Broadcasting income was £8m (up five per cent). Commercial income was £16m, up by an encouraging 50 per cent. Total income was up 20 per cent at just over £30m.

Bristol City made operating losses of £500,000 a week in 2018/19 which was offset by profits on players sales of Bryan, Flint and Reid. The club have racked up losses of over £123 million over the years [but, of course, they have a generous benefactor owner]. Steve Lansdown [of funds supermarket Hargreaves Lansdown] put another £10 million into Bristol City via a share issue.

Bristol City generated cash of £17 million from player sales of £40 million. The difference is due to sales being on instalments due from other clubs. The club paid cash of nearly £11 million on player signings. Bristol City bought players for £10.1 million in 2018/19 to take total cost of squad to just under £27 million.

Even paying average wages of over £13,000 a week and wages being £101 for every £100 of income (not an unusual figure in the Championship) Bristol City are in the bottom half of the Championship wage table.

Since 31 May Bristol City have had net transfer income of just over £3 million, partly due to the sale of Adam Webster to Brighton.

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