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Middlesbrough lower wages but face losses without parachute payments

Boro

PA Images | Middlesbrough's wages fell by around £8 million to £40.6 million, though their wage bill is still among the highest in the league.

The club recorded a small profit last season thanks to a healthy profit on player sales, but the year was the last with parachute payments.

Wages were reduced by around £8 million, but they will have to be reduced further to offset this season's drop in turnover.

Turnover will fall by around £35 million when parachute payments cease.

11 March 2020 - 12:43 PM

By Emil Gjerding Nielson

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