Annual accounts: Preston in the red due to lack of player sales
24 February 2020
Preston North End made a pre-tax loss of £14.3 million last year, having failed to make any substantial player sales, the club's just-released financial report shows.
With wages increasing by a substantial amount, Preston now have one of the highest wages-to-revenue ratios in the Championship.
Turnover, meanwhile, failed to grow significantly as the club continue their pursuit of promotion to the Premier League.
A lack of player sales coupled with rising wages caused Preston North End to make a pre-tax loss of £14.3 million last season, highlighting the cost of competing for promotion to the Premier League.
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