The authoritative and thorough Swiss Ramble provides a forensic analysis of the finances of Bristol City: https://swissramble.substack.com/p/bristol-city-finances-202122?utm_source=substack&publication_id=1203438&post_id=87343314&utm_medium=email&utm_content=share&triggerShare=true&isFreemail=true
He notes, 'Losses are nothing new for Bristol City, who have only posted a profit once in the last decade (£11m in 2019, thanks to £38m profit from player sales). In that period, the club has lost a hefty £146m, including £77m in the last three (COVID-impacted) seasons.
Bristol City’s revenue is one of the highest in the
Championship – if you exclude the clubs that benefit from Premier League
parachute payments, whose revenue is normally twice as much.
For many years Bristol City have been dependent on funding
from owner Steve Lansdown, which the
club described as “critical”. I estimate that the owner has put in around £232m
to date, which is a huge commitment. To
highlight the level of Lansdown’s support, In the 10 years up to 2020/21,
Bristol City benefited from £181m of money from the owner, the fourth highest
in the Championship, only surpassed by QPR, Stoke City and Cardiff City.'
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