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It's tough at the bottom

Financial life at the wrong end of League Two and the National League is revealed in figures provided by Kieran Maguire of the PriceofFootball.

Colchester United lost £50,000 a week in 2020/21 to take total accumulated losses of £33.5 million.  Colchester’s existence is due to the continued funding by the parent company who have lent over £29 million.  By the end of 2020/21 Colchester’s squad cost nothing.

Oldham’s (unaudited) accounts show a profit of just over £100k in 2020/21 to reduce overall losses to over £5.2 million. The club is technically insolvent and has total liabilities of over £4m with a possible extra £882k due to “taxes and custom duties’.

Aldershot Town lost £97k in 2020/21 but still had bash in the bank at the end of the season. Total losses over the years exceed £1.6m



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