£60m operating loss at Palace

Crystal Palace latest accounts cover a 13 month period to July 2020.

Lower revenues and higher costs usually result in red ink and Palace made an operating loss of £60m in 19/20.

Revenue was down 8% to £142m. Wages were up 11% to £132m (mainly due to 13 months accounting period). Player sale profits £0.5m.

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The Political Economy of Football V2

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