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Big losses in National League

The vast majority of National League clubs have published accounts now for 22/23, reports football finance guru Kieran Maguire. Few clubs have published full details, but of those that have, there is a big difference.

Over the years, the companies that own NL clubs have lost over £140 million between them.

Only two clubs have made a profit in the National League and overall the losses for the season were over £21 million (Southend figures from 2021 and nothing for York )

Only five clubs signed players for fees.   At end of season only five clubs had squads that cost transfer fees.

Yeovil Town lost £1.5m in 22/23 when the club was relegated from the National League.   Yeovil are funded by loans from owners and Sports Council.

 

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