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League One losses near 1 billion

Only a couple of clubs broke even in League One in 23/24 reveals football finance guru Kieran Maguire . Legacy losses from previous years take total to almost £1 billion

Average revenue was £8.4m down £2.2m.  Average wages £8.3m down £400k.  Wages 97% of revenue up 14%.  Average weekly wage £3,700.  Average losses were £8.9m up £4.6m. Total accumulated losses of all 24 clubs £998m up £26m.  Total player purchases £12.8m down £2.5m. Total cost of squads, £25.1m up £9m.  Total borrowings £343m up £9m.

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