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Finances steady at Posh

Football finance guru Kieran Maguire reports the 2022/23 financial figures for Peterborough United.    Revenue was £10.1m down 4%.  Wages £7.3m down 5%. Wages £72 for every £100 revenue, a healthy ratio. Highest paid director £182k down 18%.  Underlying loss £5.5m down 2%. Player sale profits £4.1m up 25%.  Pre tax loss £2.3m down34%.  Losses over the years £21.5m. Player purchases £1.1m.  Player sales £4.2m.  Total transfer fees for squad £5.2m. Borrowings £19.8m.

The current season has been a disappointment on the pitch as the club was expected to be in contention for promotion.

AI overview: Peterborough United Football Club's finances have seen a period of significant challenges and recent stability, with the club facing debt issues and a potential administration risk, but now having a long-term loan settlement agreement with OKR Financial. 


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