Financial progress at Preston

Preston North End have reported their annual results to June 2023 with increased turnover and reduced losses: https://www.pnefc.net/news/2024/january/club-comment-on-202223-accounts/

Not unreasonably, the chairman draws attention to the lack of a level playing field in the Championship because of parachute payments.

Preston due to receive £484k in transfer fee instalments from other club & they owe £400k. Main creditor is the alomost £88m due to IOM parent Wordle. Since the year end owners have put in almost £7m more in interest free loans.

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The Political Economy of Football V2

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