The authoritative @SwissRamble continues to produce financial fact sheets for leading clubs which can be accessed via his twitter account. He states, 'I have now prepared these financial fact sheets for all the clubs that were in the Premier League in 2018/19 (except Crystal Palace and Newcastle United, who have not yet published accounts for that season) plus those promoted in 2019/20.'
His summary on Aston Villa is 'posted huge £69m net loss. Operating loss even higher at £115m, including £46m promotion payments, but £14m HS2 compensation. Offset by £36m stadium sale and £11m player sales. Revenue fall due to lower parachute payments. Debt-free after write-offs and equity conversion.'
Bournemouth 'lost money two years in a row, as revenue has fallen from £136m to £131m, while wage bill has grown from £72m to £111m. Little benefit from low player sales. Debt up to £100m, ninth highest in Premier League. Spent £150m on player purchases in last two years with transfer debt up to £81m.'
'Cardiff City had a small £3m profit in the Premier League, though much better than prior season’s £39m loss in the Championship. Revenue shot up from £35m to £125m, while wages only rose by £5m to £54m, the lowest by far in the Premier League. Club has £81m debt and owes £10m on transfers.'
'Huddersfield Town had lowest revenue in Premier League, not just in total £119m, but across all three revenue streams. Still posted profits both years in the top flight, as wages growth restricted. However, debt up to £77m, while £25m owed on transfers (£105m player purchases in last two years).'
'Norwich City revenue has been falling since relegation in 2016, in line with lower parachute payments. Wages up to £51m, due to promotion bonuses, leading to £39m pre-tax loss. Very low £2m profit from player sales compared to £48m in previous season. £24m debt, all external.'
'Sheffield United promotion achieved despite mid-table Championship revenue of just £21m. Huge leap in wages from £19m to £41m, due to promotion bonuses, contributing to £35m operating loss, partly offset by £14m profit on player sales to give £21m net loss. Very low transfer spend and debt.'
'Watford returned to profitability in 2019, thanks to revenue rising £19m to £148m (higher league finish and FA Cup run) and profit on player sales increasing £19m to £22m, while wages were cut by £2m to £84m. However, debt has grown to £88m and also owe £79m on transfers.'
'Following promotion, Wolves made a £20m pre-tax profit, as revenue shot up from £26m to £172m, though wages almost doubled to £92m. Included £12m profit from player sales. Debt has grown to £131m (all from owners), while club spent £111m on players (6th highest in PL).'
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