Financial Report: Relegation clauses saw West Brom reduce wage bill by 50 per cent last season
1 April 2020
Contrary to most clubs relegated to the Championship, West Bromwich Albion have managed to initially adapt their business to life in the second division.
The club made an operating loss of £7 million last season, but still face having to make further cost reductions if Premier League promotion is not secured.
West Brom have little to no debt and made a profit of £17.7 million on player sales following the end of the balance sheet date.
West Bromwich Albion reduced their wage bill by 50 per cent upon relegation to the Championship due to significant relegation clauses, the club's just-published financial report for last season has revealed.
The report largely shows that it is possible to restructure a football club and adapt it to the reduced income of the second division, where league payments are significantly smaller than those in the English top flight, provided the club have proper relegations clauses in place.
Do you want to read this article?
Get instant access by signing up for a 7-day free trial
No credit card, no commitments and it will expire automatically.
You will receive a link that activates your trial in an email.