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