Burnley 2020 accounts are out. Headlines: Revenue down 3%, wages up 16%, loss from day to day operations £15m but offset by player sale profits. No debt and over £80m in bank at 30 June 2020, reports Kieran Maguire of the PriceofFootball.
Total income puts Burnley 15th in the income league,
compared to 10th in the Premier League
Broadcast income was down
just 1.5% due to Burnley extending their accounts to 31 July 2020 to income all
of 2019/20 season. Improved league position increased the prize money element
of broadcast revenue. Rebate to TV companies about £8.7m
Commercial/other income slightly down on previous season.
Second lowest in the Premier League.
Burnley's wages were 75% of revenue in 2019/20, although
slightly distorted because wages are for 14 months and income only really
generated over a single season
Burnley had
another modest year in the transfer market in 2019/20, with a net spend of less
than £14m.
Total value of the Burnley squad at 2019/20 was £122m, again
low by PL standards, especially taking into account the number of years they
have been in the division
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