Northampton Town make a loss

Northampton Town lost £1.67 million in 2018/19, reports Kieran Maguire of the PriceofFootball. Northampton Town survival due to continued support from parent company and other companies owned by directors of over £5.5 million.

Northampton Town bought players for £100k in 2018/19. There were sales too but figures unavailable as club doesn’t produce profit and loss account data.

The accounts state that 'The financial statements indicate that the company has insufficient cash reserves to continue trading without securing additional funding.'

The club chairman has stated that he is pleased with the financial progress the club has made: Reduced losses

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The Political Economy of Football V2

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