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Preston North End: financial triumph or turmoil???
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- Опубліковано 13 сер 2024
- Are Preston North End proof that financial stability in the Championship is impossible??
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In this video, we dive into the financial journey of the Lilywhites following their promotion to League One and subsequent life in the Championship.
Don't miss out on the numbers behind the net, as well as all the ups and downs occurring at Deepdale!
00:00 Intro
01:17 Revenue
02:30 Profit
05:05 Cash
@pnefcofficial
#efl
#prestonnorthend
#pnefc
PNE have a top 6 squad now. Ryan Lowe has done a fantastic job. For years we have been a mid table team.
Hard to argue with that John based on this seasons performances - let's see if they can get over the line into the playoffs
I think we need to sign a new RB/rwb and a new CB and we are good to go
Thanks for posting
No problem!
👍
Some fans are still calling for the Hemmings family to bust the budget. There leads the road to hell. With these figures it looks like the Hemmings family must be mad to keep pumping in the money
No they aren’t, it’s more about how the money is spent. Fully appreciate the money put in, invested correctly and the turn over figures won’t look so bad.
Poor grade of academy and the contract situation is concerning.
PNE have no debts.
Hi Michael - link to source information below. FY23 accounts - Note 13 (p23) - £87.8m loans owed to parent company Grovemoor Limited
find-and-update.company-information.service.gov.uk/company/07232565/filing-history
Yes but you don't 'lend' a championship football club that kind of money ever expecting to get it back do you. Thankfully Mr Hemmings and the Hemmings family have continued to support the club to the level they have. @@NumbersBehindtheNet
That could well be the case Martin - we can only show that the cash was given to the club as a loan rather than invested as further equity.
A lot of valid points there Ollie 👍
To be fair to PNE board, they are one of the louder voices calling for an independent regulator for English football which should hopefully force clubs to be more self sustaining. @olliem40