Annual accounts: Preston in the red due to lack of player sales

24 February 2020

Photo: PA Images Preston's operating loss stood at £14.3 million, down from a profit of £2.6 million the year before.

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.

Emil Gjerding Nielson

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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