{"id":239119,"date":"2026-07-09T07:20:12","date_gmt":"2026-07-09T07:20:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-pa\/239119\/"},"modified":"2026-07-09T07:20:12","modified_gmt":"2026-07-09T07:20:12","slug":"deloitte-report-tough-reading-for-norwich-and-championship","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-pa\/239119\/","title":{"rendered":"Deloitte report tough reading for Norwich and Championship"},"content":{"rendered":"<p>\n  Deloitte\u2019s Annual Review of Football Finance shows the combined pre-tax losses of Premier League clubs climbed over 600 per cent in the space of one year, and losses among top-flight sides rose from \u00a3135m in the 2023-24 season to \u00a3948m in 2024-25.\n<\/p>\n<p>\n  This rise was attributed by Deloitte to transfer spending and the absence of significant profits from one-off sales. Net debt of Premier League clubs was up to \u00a33.6billion in 2024-25, compared to \u00a33.5bn the season before, Deloitte found.\n<\/p>\n<p>\n  Championship clubs\u2019 pre-tax losses rose 12 per cent to \u00a3355m, with only three clubs \u2013 Blackburn, Ipswich and Stoke &#8211; reporting a pre-tax profit in 2024-25.\n<\/p>\n<p>\n  Tim Bridge, the lead partner in the Deloitte Sports Business Group, said: \u201cThe cumulative financial position and worsening club losses across all three English Football League divisions underline a continuing trend; one where external funding is now critical to liquidity in the vast majority of cases.\n<\/p>\n<p>\n  \u201cUpcoming regulatory changes could support future improvements, but the focus must now shift to stronger commercialisation and sustainable growth, or a plan to bridge the gap to the Premier League to unlock the huge amount of value within football at all levels.\u201d\n<\/p>\n<p>\n  The Deloitte report highlighted the vast gap in revenue between the English top flight and the second tier, with Premier League sides raking in \u00a36.8bn compared to \u00a3942m in the Championship, which represented a two per cent decline in revenue compared to the previous season for second-tier clubs.\n<\/p>\n<p>\n  Discussions over a \u2018New Deal\u2019 to create a more equitable split of television revenue between the Premier League and the EFL have stalled since 2024, though the Independent Football Regulator may have a role in speeding things along as it has \u2018backstop\u2019 powers to impose a settlement if a deal cannot be agreed.\n<\/p>\n<p>\n  Deloitte found the European football market grew 13 per cent overall to 40.2bn euros (\u00a334.3bn) in 2024-25 \u2013 the first season featuring Uefa\u2019s newly-expanded men\u2019s club competitions.\n<\/p>\n<p>\n  However, the financial services firm expects revenue to plateau and potentially fall in the years ahead, and Bridge warned that simply adding more fixtures to an already crowded calendar cannot be the answer.\n<\/p>\n<p>\n  Bridge added: \u201cThe expansion of Uefa and Fifa competitions has delivered financial benefits across Europe\u2019s \u2018big five\u2019 leagues, but football cannot rely on simply adding more content to deliver sustainable growth.\n<\/p>\n<p>\n  \u201cAn increasingly saturated market may not be good for players or fans, particularly if it weakens the on-pitch spectacle. This approach, without a collective mindset from all rights-holders, risks prioritising short-term gain over long-term prosperity.\n<\/p>\n<p>\n  \u201cEuropean football has forged the dominant position on the world stage, but as US sports consider moves to the European market, and competition from other entertainment businesses intensifies, there are undoubtedly challenges ahead.\n<\/p>\n<p>\n  \u201cNow is the time for leaders to concentrate on diversifying business models, while collaborating with others on a shared plan for the future. Strong leadership and innovation, underpinned by fit-for-purpose regulation are paramount.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Deloitte\u2019s Annual Review of Football Finance shows the combined pre-tax losses of Premier League clubs climbed over 600&hellip;\n","protected":false},"author":2,"featured_media":239120,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[128,130,129],"class_list":["post-239119","post","type-post","status-publish","format-standard","has-post-thumbnail","category-reading","tag-reading-city","tag-reading-city-headlines","tag-reading-city-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/239119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=239119"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/239119\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/239120"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=239119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=239119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=239119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}