Have Southampton hit the glass ceiling? Just-released financial report shows perils of betting big for 'big six'
13 January 2021
Formerly known for their ability to monetise talents, Southampton have posted worrying losses in the past years with no end in sight.
Football finance expert questions whether anyone is actually able to challenge the Premier League's heavy hitters.
Expensive loans such as Southampton's with MSD Capital are likely to become widespread as pandemic continues.
Gone are seemingly the days of cashing in on sought-after assets for Southampton. The Premier League club have just released their financial report for the 2019/20 season, revealing a pre-tax loss of £76.1 million, £35.1 million increase on the year prior which also ended in a substantial deficit.
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.