The Political Economy of Football V2

Crewe made a profit of £153k in 2021/22, reports Kieran Maguire. Substantially down on previous season but few clubs in EFL make profits in consecutive years. Crewe continue to have significant sums in the bank, although much of this is due to season ticket holders buying their 22/23 tickets in advance. Crewe did not buy any players for fees in 21/22. Crewe repaid over £1/2 million of director loans in 21/22.

Crewe have gone from a £633k loss in 2020 to a £760k profit in 2021 as income went up and costs went down, reports Kieran Maguire of the PriceofFootball. May be due to player sales and shorter financial year but not enough detail to confirm. Crewe had total outstanding loans of just over £1 million. The club is paying rent of £147,000 in the next year.

Norman Hassall has agreed to sell his 51 per cent majority stake in Crewe Alexandra to a group of local businessmen and investors, none of whom will own more than 12.5 per cent of the club. This will ensure continuing local ownership of the club which is relatively unusual these days: Crewe sale