-
Bristol City 2018/19: Empty Skies
Introduction: Life in the Championship is tough, and Bristol City’s latest financial results are testament to that as playoff hopes were dashed and the club lost a lot of money on a day to day basis. Every cloud has a silver lining and City’s impressive player recruitment and talent spotting allowed the club to reverse these losses due to player sales that generated £38 million profits. Even so, the club needed the benevolence of owner Stephen Lansdown to keep its head above water as he continued to pump money into City. Key figures for year to 31 May 2019: Bristol City Holdings Ltd Income £30.3 million (up 20%). Wages £30.6…
-
Bristol City 2017/18: Mezzanine
Introduction: The insanity of life in the Championship chasing a place in ‘The Promised Land’ ((c) Alan Green and all other unimaginative commentators) is highlighted in Bristol City’s latest financial results. City were 2nd in the table on 26th December 2017 but were slid to mid table by the end of the season, and with that had to disassemble the squad as the vultures came picking off their best players. Key figures for year to 30 June 18: Bristol City Holdings Ltd Income £25.2 million (up 19%). Wages £27.3 million (up 30%) . Losses before player sales £24.2 million (up 26%) Player signings £12 million Player sales £1.8 million Steve…
-
Bristol City: Unfinished sympathy
Introduction: Bristol City showed the challenge that exists for clubs trying to survive, let alone compete, in the Championship after racking up a recurring loss of £19.2 million before player sales last season. This is for a club that finished 17th in the division. The previous season similar losses were £14.4 million for finishing one place lower in the division. The continued development of Ashton Gate should give City a better base on which to generate income. The Championship remains the most frightening division in European football in terms of the financial gamble that exists there, as club owners decide whether to fund a promotion push with the potential £100…