Kieran Maguire

Kieran Maguire

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Football finance academic/analyst; explains club valuations, FFP/PSR constraints, and European football revenue models.

League One Average Revenue Climbs to £12.5 Million
SocialApr 14, 2026

League One Average Revenue Climbs to £12.5 Million

Finances for all League One teams are now in (some clubs do not submit full figures) so here is a summary for 2024/25. Revenue averaged 12.5m but skewed at the top end by Birmingham and Wrexham with well over £33m...

By Kieran Maguire
Fulham's £400m Losses Leave Them Unable to Afford a Stamp
SocialApr 14, 2026

Fulham's £400m Losses Leave Them Unable to Afford a Stamp

Looks as if Fulham, who have lost £400m in the last decade, cannot afford a stamp to send in their accounts. I wonder why? https://t.co/KztWNTSMNj

By Kieran Maguire
Roundhouse Capital Settles £251m Loans, Pays Moshiri £67m
SocialApr 13, 2026

Roundhouse Capital Settles £251m Loans, Pays Moshiri £67m

Everton new parent company Roundhouse Capital publishes accounts. It paid Farhad Moshiri £25m up front with a further £42m due at future dates, as well as paying off £251m of existing loans. https://t.co/pS7qY8I1Wl

By Kieran Maguire
Sp
SocialApr 13, 2026

Sp

Not only have Spurs found themselves in the relegation zone for the first time for many years, they have also been knocked off the PL's most profitable Club position by rivals Arsenal, and overtaken by Burnley and West Brom. Total...

By Kieran Maguire
R&D Tax Credit Rewards Creative Accounting, Not Innovation
SocialApr 13, 2026

R&D Tax Credit Rewards Creative Accounting, Not Innovation

Chelsea managed a £500k tax credit in 2024/25 for 'Research and Development'. According to legislations, these are given for 'an advance in science or technology-going further than routine improvements'. I never knew creative accounting came under the heading of science...

By Kieran Maguire
Chelsea Overspends by £355 M, up From £10 M Last Season
SocialApr 13, 2026

Chelsea Overspends by £355 M, up From £10 M Last Season

In terms of day to day cash management, from ticket, broadcasting, commercial sales less wages, overheads etc (and excluding player transactions) Chelsea spent £355m more than they generated in 2024/25, compared to just £10m in 2023/24 https://t.co/hfjbfmXSJM

By Kieran Maguire
Fulham Clinches ‘Last PL Club to Publish Accounts’ Award
SocialApr 13, 2026

Fulham Clinches ‘Last PL Club to Publish Accounts’ Award

Congratulations to Fulham for winning the coveted 'Last Premier League Club to publish their accounts' award for season 2024/25. I'll pop down to @JamesTCobbler mighty Timpsons later to get a trophy for them. https://t.co/2jEWZGexfk

By Kieran Maguire
Digital Filings Appear Instantly; Paper Submissions Cause Weeks-Long Delays
SocialApr 13, 2026

Digital Filings Appear Instantly; Paper Submissions Cause Weeks-Long Delays

Why is it that some companies submit accounts to Companies House that are visible immediately and others take almost two weeks to become visible? If you send them in digitally then CH can process them and publish almost straight away. However,...

By Kieran Maguire
Chelsea Posts £262m Pre‑tax Loss Despite Revenue Rise
SocialApr 13, 2026

Chelsea Posts £262m Pre‑tax Loss Despite Revenue Rise

Chelsea submit 24/25 accounts.🔑figures ⚽️Revenue £491m ⬆️5% ⚽️Wages £359m ⬆️6% ⚽️Average weekly wage £152,000 ⚽️Amortisation £214m ⬆️9% ⚽️Player write downs £12m ⚽️Underkying loss £296m ⚽️Player sale profits £58m ⚽️Pre tax loss £262m ⚽️Total losses over the years £1,543m ⚽️Player purchases £305m ⚽️Total cost of squad £1,509m ⚽️Player sales £126m ⚽️Share issue in...

By Kieran Maguire
BlueCo Loses £1.7bn in Two Years, £10.4m Weekly
SocialApr 13, 2026

BlueCo Loses £1.7bn in Two Years, £10.4m Weekly

Chelsea parent company BlueCo 22, which owns both Chelsea and Strasbourg, and strips out all the transactions between group companies, lost £630m in 24/25, taking total losses since the company formed in 2022 to £1,675 million, or £10.4m a week...

By Kieran Maguire
League Two Clubs Average £5.8m Revenue, Wimbledon Leads
SocialApr 12, 2026

League Two Clubs Average £5.8m Revenue, Wimbledon Leads

As Morecambe and the MK Dons franchise have used loopholes to delay publishing 24/25 accounts, here are the figures for the rest of League Two. Not all clubs report full figures. Revenue averaged £5.8m in 24/25 with AFC Wimbledon by...

By Kieran Maguire
Morecambe FC Exploits Loophole, Delays Accounts Amid Ownership Doubts
SocialApr 12, 2026

Morecambe FC Exploits Loophole, Delays Accounts Amid Ownership Doubts

Morecambe FC, relegated three times in four seasons, and with owners who have failed to convince fans that they have the interests of the club at heart, use a legal loophole to delay publishing their accounts for an extra three...

By Kieran Maguire
Chelsea's Accounts Now Posted on Companies House
SocialApr 12, 2026

Chelsea's Accounts Now Posted on Companies House

Chelsea accounts now uploaded at Companies House website. Will be visible within ten days https://t.co/9fbwNuAeG4

By Kieran Maguire
Liverpool Matchday Revenue Soars 869%, Outpacing Inflation
SocialApr 10, 2026

Liverpool Matchday Revenue Soars 869%, Outpacing Inflation

Since the Premier League commenced in 1992/93 Liverpool's matchday income has increased by 869%, the Consumer Price Index is up by 131%. Appreciate that attendances have increased too, but by nowhere near the growth in ticket prices.

By Kieran Maguire
Liverpool Fans Rally Against FSG Ticket Price Hikes
SocialApr 10, 2026

Liverpool Fans Rally Against FSG Ticket Price Hikes

Liverpool fans organise and protest against ticket price rises announced by FSG for next three seasons

By Kieran Maguire
Nike Replaces Adidas as Champions League Ball Supplier
SocialApr 10, 2026

Nike Replaces Adidas as Champions League Ball Supplier

Adidas set to lose Champions League ball contract to Nike after 25 years via @FT and ⁦@SamuelAgini⁩ https://t.co/0pfC8f6x9E

By Kieran Maguire
Huddersfield Town's Wages Outpace Revenue, Losses Soar
SocialApr 10, 2026

Huddersfield Town's Wages Outpace Revenue, Losses Soar

Huddersfield Town submit 24/25 accounts when the club finished 10th in League One.🔑 figures #HTAFC ⚽️Revenue £10.6m ⬇️ 41% ⚽️Wages £16.9m ⬇️ 23% ⚽️Wages 159% of revenue ⚽️Average weekly wage £7,100 ⚽️Highest paid director £448k ⚽️Underlying loss £21.5m ⬆️ 14% ⚽️Player sale profits £1.6m ⬇️64% ⚽️Pre tax...

By Kieran Maguire
League One Clubs Hit over £1 Bn Losses
SocialApr 8, 2026

League One Clubs Hit over £1 Bn Losses

We are still awaiting results from Rotherham and Huddersfield, but League One clubs between them have managed to accumulate over £1 billion pounds in losses over the years for the first time since records began, so here is a deep(ish)...

By Kieran Maguire
Bradford City’s £9m Owner Funding Masks Rising Losses
SocialApr 8, 2026

Bradford City’s £9m Owner Funding Masks Rising Losses

Bradford City submit 24/25 accounts, when Club finished 3rd in League Two. 🔑 figures ⚽️Revenue £8.7m ⬆️1% ⚽️Operating loss £2.98m ⬆️200% ⚽️Accumulated losses £8.5m ⚽️Suspect Club mainly funded by owners via ‘other creditors’ of over £9m https://t.co/IgPcoZrBz3

By Kieran Maguire
Premier League Gains Fifth Champions League Spot After Arsenal Win
SocialApr 8, 2026

Premier League Gains Fifth Champions League Spot After Arsenal Win

Premier League secures fifth Champions League place for 2026-27 season after Arsenal’s victory last night. https://t.co/jlrnPT69gG via @NYTimes

By Kieran Maguire
Abramovich Creates Charity to Manage Frozen £2.35bn
SocialApr 8, 2026

Abramovich Creates Charity to Manage Frozen £2.35bn

Roman Abramovich: Charity set up to oversee frozen £2.35bn from Chelsea sale https://t.co/LOro0Y0Sgg via @NYTimes

By Kieran Maguire
Birmingham's Promotion Sparks Record Revenue but Unsustainable Losses
SocialApr 8, 2026

Birmingham's Promotion Sparks Record Revenue but Unsustainable Losses

Birmingham submit 24/25 accounts when the club was promoted from League One. 🔑 figures ⚽️Revenue £36.5m ⬆️ 36% (record for non parachute club in L1, as are most of these figures) ⚽️Wages £38.9m ⬆️ 9% ⚽️Wages 107% of revenue ⚽️Employees 358 ⬆️76 ⚽️Ave weekly wage...

By Kieran Maguire
Football Finance Deep Dive: Losses, Bonuses, and Wage Caps
SocialApr 7, 2026

Football Finance Deep Dive: Losses, Bonuses, and Wage Caps

Today’s @POF_POD with @kevinhunterday ⚽️EFL losses ⚽️Fines and PSR ⚽️Tax and player income ⚽️Klopp £9.6m bonus ⚽️College programmes v academies ⚽️Wage caps 🍎 https://t.co/XvbvL3Vg6u 🎧 https://t.co/h8iW5Sv00G

By Kieran Maguire
Football's Financial Crunch: Losses, Bonuses, and Wage Caps
SocialApr 6, 2026

Football's Financial Crunch: Losses, Bonuses, and Wage Caps

Tomorrow’s @POF_POD with @kevinhunterday ⚽️EFL losses ⚽️Fines and PSR ⚽️Tax and player income ⚽️Klopp £9.6m bonus ⚽️College programmes v academies ⚽️Wage caps https://t.co/K5aI4Fkbq9

By Kieran Maguire
FIFA's Sketchy Prediction Partner Deal Exposed
SocialApr 6, 2026

FIFA's Sketchy Prediction Partner Deal Exposed

More on FIFA’s dodgy prediction partner deal from @uglygame and colleagues at - https://t.co/uujkC8CuJv https://t.co/BglWhZ5HEx

By Kieran Maguire
Southampton's £158 M Revenue Dwarfed by 73% Wage Costs
SocialApr 5, 2026

Southampton's £158 M Revenue Dwarfed by 73% Wage Costs

Wembley bound Southampton submit 24/25 accounts, when the Club finished 20th in the Premier League. 🔑 figures ⚽️Revenue £158m ⬆️ 86% ⚽️Wages £116m ⬆️ 43% ⚽️Wages 73% of revenue ⚽️Underlying loss £62m ⬇️29% ⚽️Player sale profits £29m ⚽️Pre tax loss £54m (profit £17m) ⚽️Total accumulated losses £197m ⚽️Player...

By Kieran Maguire