Barnsley FC - Post £4m Losses, During Their 2022-23 Season.
Barnsley FC have posted a loss of £4m during their 2022-23 season following
relegation from the championship.
Accounts published this week show the reds incurred a operating loss of £5.9m,
but made £1.9m from player trading.
Turnover reduced by more than £5m from £15m to £9.5m, mainly due to the
decrease in money from the EFL & TV deals, because they were in league one.
Matchday income increased by almost £500,000 - a 17% rise attributed to home
attendances, being about 2,000 higher on average than the relegation season,
& the play-off campaign.
Shareholders injected £6m of equity into the club during the year, ' to ensure
that the club was able to meet its ongoing financial commitments ', the board
have also put in a further £3.6m this season, according to account statement.
The accounts period include the sales of Carlton Morris, Cauley Woodrow,
Callum Brittain, & Michal Helik among others.
Not all of the fees for those were received that season, as the deals are structured
in instalments, while they also paid some fees for incoming players.
Thoughts - Key [B] Barnsley statement. [ELK] My thoughts.
[B] Decrease in EFL & TV deal money ------- [ELK][ Millers to face this issue. ]
[B] Loss matchday income in championship, in relegation year, but picked up in league one. -
[ELK] [ We have seen empty seats this season, but the club got a decent amount of season
ticket money in advance, will fans decide not renew season tickets for next season, &
just select certain games to watch. ]
[B] Shareholders £6m - Board £3.6m pumped into club, to meet ongoing finances.
[ELK] [ What shareholders do the Millers have, is it a one-man show, so TS foots the bill ]
[B] Barnsley being paid in instalments for players sold, which is normal.
[ELK] [ Are the Millers being paid in instalments for Barlaser by Middlebrough, so not yet
got the full transfer fee, same with Washington to Derby County. ]
