calling them "unlawful" and "stands ready, if necessary, to vigorously defend them". Deloitte say this gap between wages and revenue is likely widen further to what they call an "unwelcome record high" when the 2018-19 accounts are published next year. Pre-tax profit: 8.5m (-33.1m) Net cash: 590,000 Net debt is as stated in the annual accounts of each club; debts minus cash held at the bank. Turnover: 38.7m (60.6m) Wolverhampton Wanderers /, Andy Slim, Managing Director, North Insider Northern Ireland Dealmakers Awards 2023, Currency risk threatens international trade, Transport group completes management buyout, Aston Martin has renewed confidence despite losses widening, Argos depots lined up to close in Sainsburys logistics restructure, Paypoint eyes growth after completing Appreciate deal, New vice president for the British Ceramic Confederation, Terriers partner with plumbing supplies firm, IT firm becomes Leeds United Business Club partner, EFL issues update on proposed Sheffield United takeover, Nottingham Forest chief executive steps down, Dudleys targets further growth following 2022 turnover rise, Go-ahead for negotiations to secure future of John Smiths Stadium, Workwear provider becomes LUFC Business Club member, Velocity Composites expands with $100m GKN agreement. Pre-tax profit: 167,212 (-477,023) Pre-tax loss: 42.1m (-36.5m) The club, which is now bringing a claim against the EFL, says it has "numerous emails, letters and other documents in which the EFL gave authorisation to the transaction, and on which authorisation the club understood it could rely". A company called Trillion Trophy Asia Ltd is in talks with receivers from EY to buy the club. Prutton assesses West Brom, Fulham and Sheff Utd's chances of success, Reading were docked six points this season for a breach of profit and sustainability rules, Bristol City are in their seventh consecutive season in the Championship, Stoke City are in their fourth season outside the Premier League, Despair for Andy Carroll as he scores two superb goals - only for both to be ruled out, Where last 10 Championship top scorers are now from Premier League to non-league. Wages and salaries: 13.9m Sheffield Wednesday Clubs that spend beyond their P&S limit can face sanctions, such as a transfer embargo or a points deduction. Owned by: Matthew Benham, a betting industry tycoon and owner of Danish side FC Midtjylland Auditor: KPMG Wages and salaries: 24m The crash took place before 3 a.m. on Jan. 15., just hours after the Bulldogs finished celebrating their national championship victory at Sanford Stadium. The newly promoted club have a 20m interest-free loan from Lansdown, who continues to bankroll the Cherries. Auditor:Montpelier Brighton & Hove Albion / QPR say their 38m loss is partly because of a 20m fine already imposed by the EFL under previous Financial Fair Play rules, and that this would not count towards the spending limit. The Berkshire club were docked six points earlier this season after the EFL said the club exceeded permitted losses by 18.8m. In 2017-18 those receiving parachute payments had a total revenue of 51m against 21m for those without. Then you can access your favorite statistics via the star in the header. Y/E: 30 June 2014 Total loans: 20.9m owed to GFH Capital; Eleonora Sport is owed 8.4m; Cellino is owed 1.3m; and Eleonora Immobiliaire is owed 2.5m Chairman Phil Gartside has previously described Davies' support as "humbling" but it's no secret the businessman is now looking for an exit. Wages and salaries: 38.6m Ipswich are not in debt to any financial institution with all loans owed to Marcus Evans, the conference and events entrepreneur who has a reported wealth of 765m. Bank: Lloyds Bank The lion's share of the tax debt - 59,127,124 - is owed by clubs which play in the Championship league, with 13,637,069 due from those in League One and 4,848,583 from those in League Two. Bristol City's chief executive Richard Gould, speaking to the Telegraph, said of the worrying financial picture at his club: "We've got this big bow wave about to hit us next year on Profit and Sustainability. Leeds United / Leeds United / Currently, you are using a shared account. Middlesbrough / Harvey explained that the financial fair play rules are aimed at staunching the huge losses made by Championship clubs. All data was researched and compiled by sports writer, David Conn from the most recently published annual reports at Companies House. Leeds' accounts make for complicated and pretty grim reading. Guardian analysis of the most recent accounts for the Championship clubs shows a combined net debt of almost 1bn. After reaching the playoffs last season, the Bees will be hoping to go one better this time around and make the step up to the Premier League under new manager Marinus Dijkhuizen. Get full access to all features within our Business Solutions. Bank: Lloyds Bank Additional reporting by BBC Sport's Jack Skelton. And with United not winning silverware anymore, things will likely not improve in 2020. Or by navigating to the user icon in the top right. A leaked questionnaire has highlighted just how much Championship clubs are paying out. Y/E: 31 May 2014 The average club receiving parachute payments had a total revenue of 13m in 2001-02 against 10m for those without. Football website the Swiss Ramble pored through the accounts to reveal the total debt that each club was in - and it makes for fascinating viewing. The club's current liabilities including sums owed to "overseas shareholders and associated undertakings" totalled an eye watering 174m. Auditor: Deloitte The EFL determined the Royals lost 57.8m between 2017 and 2021 - the EFL's limit for that period is 39m. If we look at wages as a proportion of turnover, Cardiff City and Bristol City are top of the list (190%). Owned by: Tony Bloom, a sports bettor and property investor Otherwise, it is predicting that in five years' time, the 72 . Guardian analysis shows that the 24 clubs in the 2012-13 Championship had a collective net debt of almost 1bn. In that sense it is a soft debt.". Something went wrong, please try again later. The dire financial state of the Football League Championship has been revealed by the Guardians analysis of the 24 clubs most recent accounts, which shows they owed a combined debt of almost 1bn. [Online]. Parachute payments made up more than a third of the Championship's total revenue in 2017-18 - compared to just 9% when they were introduced in 2001-02 - meaning a third of the Championship's money now comes directly from the Premier League. Are you interested in testing our business solutions? Y/E: 30 June 2014 - Championship debt hits 1.1bn Company name: Leeds United Football Club Turnover: 3.3m (3.9m) Pre-tax profit: 9.4m (-25.6m) Be sure not to miss out on the latest news about Manchester United Bank: The Co-operative Bank Company name:Sheffield Wednesday Football Club Brentford / E: michael.stachini@newsco.com, Next article: Cardiff City ranked in Championship debt table, Previous article: Jobs lost following signage manufacturer collapse, Newsco Insider Limited | Registered in England and Wales with Number 02709518 rights reserved A season of Championship football and its associated TV money will have increased 2015's turnover significantly. "Net Debt of Clubs in The Premier League and Championship in England from 2017 to 2021 (in Million Gbp). Closer to home we are self sufficient, NCFC is not bleeding money and we don't rely on wealthy . Company name: W.W. (1990) Ltd Blackburn Rovers Y/E: 30 June 2014 Wages and salaries: 9.9m Pre-tax loss: 6.8m (-4m) Even The Ipswich Town owner is worth 750 million. Company name: The Huddersfield Town Association Football Club Net debt: Not stated It is owed to the owners and nobody else. Turnover: 30.4m (26.9m) Our unprecedented collection of more than 200 golf and country, city, and stadium clubs share a common goal- building relationships and enriching lives. Owned by: Gibson O'Neill Company, which is itself wholly owned by Steve Gibson and Mike O'Neill Premier League / Sheffield Wednesday were charged with misconduct by the EFL last month, after an investigation into the sale of Hillsborough to the club's owner, which the EFL allege helped it meet P&S rules. 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