Championship clubs have amassed total debts of £1.1bn. Bolton Wanderers have the largest debts of £182.1m, followed by £179.6m at QPR with Ipswich Town some way behind on £82.1m.
Championship clubs have amassed total debts of £1.1bn. Bolton Wanderers have the largest debts of £182.1m, followed by £179.6m at QPR with Ipswich Town some way behind on £82.1m.
Before one gets too alarmist about these figures, it should be noted that two questions need to be asked about debt: is it likely to be called in, and can it be serviced? In the case of Bolton Wanderers most of the debt is owed to funder Eddie Davies, although it would be a constraint on any sale.