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Is the Championship heading for financial 'catastrophe'?

Is the Championship heading for financial 'catastrophe'?

Summary

Championship football clubs in England face major financial troubles, having lost £3 billion over the past decade. Only three clubs made a profit in the 2024-25 season, and continuing losses are raising concerns about the sustainability of teams outside the Premier League.

Key Facts

  • Championship clubs in England lost £3 billion over the last 10 years.
  • Only three clubs in the Championship turned a profit in the 2024-25 season.
  • Stoke City avoided a loss due to a £90 million loan waiver by their owner.
  • Portsmouth chairman Michael Eisner warned of possible financial collapse in the league.
  • Financial struggles are starting to affect clubs in League One, the tier below the Championship.
  • Some clubs, like Bristol City, heavily rely on financial backing from wealthy owners.
  • Championship clubs recorded a combined £317 million loss in the 2024-25 season.
  • Since 2006, Championship clubs have lost a total of £4.3 billion.
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