Massive loss: Nottingham Forest's annual accounts show what the Championship is like for most clubs
PA Images | The operating loss was slightly offset by a profit on player sales of £10.6 million, meaning their pre-tax loss stood at £25.1 million for the year - up from a loss of £5.6 million.
The club's operating loss increased to £34.4 million last season due to rising wages and amortisation, Forest's just-released financial statements reveal.
Turnover was up slightly thanks to better sponsor deals, but not enough to offset rising expenses.
Forest are dependent on funding from their owners to stay solvent.
Samantha Gordon, the club's chief financial officer, has been terminated.
3 March 2020 - 12:30 PM
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