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Depth of football's financial problems revealed

Football finance guru Kieran Maguire has produced a report with a colleague at Portsmouth University for the DCMS on the financial sustainability of football and it does not make for comforting reading: https://news.liverpool.ac.uk/2022/04/27/new-report-finds-serious-concerns-around-financial-sustainability-in-football/

Using industry-based limits from pre-pandemic club figures (2018-19), the research found that in the Premier League, only three clubs were not deemed at risk under any of the applied risk metrics (Arsenal, Manchester City, and Newcastle), while over half were deemed at risk under at least two metrics.

In the Championship, there was only one club that was not deemed at risk under any of the three applied risk metrics (West Brom, in receipt of parachute payments that year) and 20 were deemed at risk on at least two risk metrics. In Leagues One and Two, where only balance sheet metrics were applied due to available data, 14 and 10 clubs respectively were deemed at risk under both metrics

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