Kieran Maguire: Preston Finances

“File:Deepdalecomplete.jpg” by Hudson6dogs is licensed under CC BY-SA 3.0

Preston had losses of just over £17m in 2019/20 but player sale profits reduced this to ‘just’ £10m. Wages were £163 for every £100 of revenue.

All main revenue streams down on the back of Covid for Preston.

Preston owner Trevor Hemmings invested £7.8m into Preston via shares in the year to underwrite the losses.

Preston spent £2.9m on player signings in 2019/20 and had sales of £7m

Preston are due £3.8m in transfer fee instalments from player sales and owe other clubs £1.7m

Published by The Baron

I write about football finance, and listen to music that was last popular in the 1980's.

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