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Burton Albion submit accounts for 2018/19. Income down 49% due to relegation to League One. Accounts for 2019 are for 13 months compared to 12 the previous season. Puts the club about mid table in League One #BAFC
Burton wages down but not as fast as income, always a problem when relegated and players on contracts signed in Championship. #BAFC
Burton paid out £90 in wages for every £100 of income. This won& #39;t have been helped by having a 13 month set of accounts but perhaps explains why Nigel Clough did a Captain Oates and left the club recently to preserve other jobs. #BAFC
As a result of income falling faster than costs Burton had an operating loss of over £2m last season, seven times that of the previous year. #BAFC
Burton’s note on the challenges of preserving its existence due to COVID-19 is concerning as it is one of the better run clubs financially in the EFL.
If a club as sensibly managed as #BAFC is expressing worries then those clubs living hand to mouth pre-COVID-19 are at the dge
If a club as sensibly managed as #BAFC is expressing worries then those clubs living hand to mouth pre-COVID-19 are at the dge
Burton had nearly a £1/2 million overdraft at 30 June 2019
