Unsurprisingly, relegation hit Stoke City hard: Accounts
Stoke City suffered a pre-tax loss of nearly £15.5m in their first year after relegation from the Premier League, but that was down on the pre-tax loss of more than £30m in the previous financial year. The club continues to be reliant on the finances of the Coates family.
I will try and provide more detail once I have looked at the accounts online at Companies House. However, the documentation is still being processed.
Meanwhile, Stoke City had the most expensive squad in the history of the Championship last season with £196 million, beating the £147 million of Newcastle United in 2016/17, notes Kieran Maguire. Since the end of 2018/19 Stoke City have signed players for £9.6m and had sales of £1.6m.
Comments
Post a Comment