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MK Dons total losses are £14m

Kieran Maguire of the Price of Football reports on the latest financial results from MK Dons. The effects of relegation from League One to League Two are very evident: 'Revenue down 25% in 2018/19 following relegation to League Two. Losses of £4 million as expenses of running club twice the sum of income. Large tax credit of £2.4 million reduced losses overall.'

All revenue streams at MK Dons significantly down apart from car park fees. For those who haven't been there, you go through a succession of roundabouts (Milton Keynes may have more than Bracknell) and then the stadium looms up. I must admit I parked in a nearby street, but possibly that has been stopped.

MK Dons wage bill down 17% but club still paying £107 in wages for every £100 of income. This is regarded as unhealthy, but is not unusual in the EFL.

MK Dons owe £11 million to Stadium MK, the holding company controlled by owner Pete Winkleman. The club's total losses are now £14m. Clearly a benefactor club, which is often needed to survive in the lower reaches of the Football League, but what happens should the benefactor no longer be there?

Kieran Maguire has provided the following summary for the last decade: 'Income £60.5m, wages £50.8m (84% of income) and operating losses £26.9 million (that's £52,000 a week to you).'

MK Dons player trading, purchases £77k sales £229k.

MK Dons are currently fifth from bottom in League One, but this is a bit more secure than it sounds as they are nine points above Tranmere Rovers in the top relegation place.

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