Southampton make big loss

Southampton had an operating loss of £60m in 2018/19 as income fell slightly and costs increased, reports Kieran Maguire of the PriceofFootball Profits on player sales reduced the loss to just £39m.

Last year there was a profit of £29m. The club put the difference down to player trading which can be highly volatile: 2018/19 accounts

Southampton player trading: Purchases £67m sales £34m.

Owner Gao Jisheng hasn’t invested any money into the club but also hasn’t taken any out.

It should be noted that in 2017/18 the thirteen Premier League teams who have reported their financial results to date collectively lost £226 million. In 2018/19 losses for those clubs are £518 million.

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