Only five out of twenty-four Championship clubs made a profit before tax in 2012/13. However, there is great variability in club finances.
There is a very wide range of income (£9-35M) and losses in the division which in turn support a wide range of costs (£10-51M). Low revenue and low losses means a low cost base which virtually guarantees a relegation fight. However, higher up the league table there is simply no clear correlation between costs and on pitch performance. A cost base of c. £20M has served Palace, Watford, Burnley and Derby well.
Only five out of twenty-four Championship clubs made a profit before tax in 2012/13. However, there is great variability in club finances.
There is a very wide range of income (£9-35M) and losses in the division which in turn support a wide range of costs (£10-51M). Low revenue and low losses means a low cost base which virtually guarantees a relegation fight. However, higher up the league table there is simply no clear correlation between costs and on pitch performance. A cost base of c. £20M has served Palace, Watford, Burnley and Derby well.
Read the full analysis from the Charlton Athletic Supporters’ Trust here.