Burton Albion lost a staggering sum of over £8m last season and are now looking for new investors. The club states: 'This was the result of decisions that, in hindsight, did not align with the targets of building a long-term and sustainable future.'
The Nordic Football Group took over the Brewers last year and has decided to meet the loss with a loan. A 30-40 per cent reduction in losses is anticipated for this season which would still leave them at nearly £5m.
The club 's ownership structure included 18 people at the time of the takeover, but this has now reduced to 10. Sports investment agency Proto Capial LLP has been appointed to fine new investors.
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