I know I keep enthralling everyone with tales from this year’s Deloitte football finance report so I’ll say it again. The average loss in league 2 is £800k per club and the average loss in league 1 is £2 million. So the benefit of league 1 football is that the club loses an extra £1.2 million on average. Anyone on here is welcome to put any spin or misdirection on this they like obviously, but that is a fact.
Interesting. Are those figures from last year's fan-less Covid season? Isn't that skewed due to the likes of Sunderland and Ipswich spunking mega money trying to get out of the league?
It's true that the higher up the pyramid you go the higher the losses because bigger clubs have the collateral to take the hit and the competition is fierce. Premier League clubs made a combined loss of over 'half a billion pound' last year according to the Independent.
However, I would argue that a sustained spell in L1 would lead to better attendances (when away fans are taken into account), slightly more TV money and slightly more corporate interest. Surely it's more lucrative to be playing Sunderland and Sheffield Weds than Barrow and Sutton?. Providing we didn't go out and spunk silly money on players a la the height of the JFH era, then I would have thought that it would be manifestly in our long-term financial interests to establish ourselves at L1 level.
