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Boro cumulative losses £250m

Middlesbrough's 2022.23 accounts show revenue at  £28.6 m, up 6%  Wages £29,6m up 4%. Operating loss pre player sales £29m up 40%.  Player sale profits of £22.3m offset operating losses . Total losses over years of £250m.   Player signings were £12m. Player sales £23m

Boro bought players for over £12m as investment helped take club to playoffs, resulting in squad costing £40m by 30 June 2023. Sale of Spence and Tavernier may be contributor to sales of £23m.

£148m owed to Steve Gibson  at year end then converted into shares and effectively written off.   Football finance guru Kieran Maguire comments: 'Fans criticising Gibson should give their heads a wobble as he’s also put in £90m via shares.'

Football finance guru Kieran Maguire notes: 'In last 48 hours three Championship clubs. Preston, Middlesbrough and Luton published accounts. Between them they made an operating loss of £178k a day and none are profligate.'


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