Profit turns into loss at Southampton

Southampton's latest accounts are not as good news as their victory over Arsenal. The 2024/25 accounts cover a season when they finished 20th in the Premier League.

Revenue was up 86 per cent at £115m. Wages were up 43 per cent at £116m. Wages constituted 73 per cent of revenue, an acceptable ratio just above the recommended level of 70 per cent.

The underlying loss was 29 per cent down at £62m. This reduction was due in part to player sale profits of £29m. The pre-tax loss was £54m, compared with a profit of £17m in the the preceding season.

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The Political Economy of Football V2

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