Ex-Terrier unhappy at decisions
Relegation from the Premier League in 2019 meant a drop in revenues from £119.1m in 2018/19 to less than half of that in 2019/20 (£52.7m) – and Town again faced a drop in revenues last season, largely thanks to parachute payments being cut and games being played behind closed doors over the entire season. That meant an 8% drop in income from £52.7m to £44.5m. This was made up as follows:
■ Matchday revenues fell from £4m to £1.7m. We suspect this comprises the income from season ticket sales that fans chose to redeem via iFollow once it become clear that attending games would not be possible
■ TV and league revenues (including parachute payments) fell from £44.7m to £40.4m
■ Commercial revenues fell from
Town had bank loan debts of £27m in June 2020, and these were down to £12.6m by June 2021 – a drop of £14.4m. Town also therefore paid £1m on bank loan interest and £1.6m on other loan interest in 2020/21, for a total of £2.6m in loan interest. That’s down from the £3.6m in interest payments they paid in 2019/20.
The majority of their debt remains the £34m owed to Dean Hoyle in the form of loans he made to the club during his 10-year spell as chairman before Hodgkinson purchased a 75% share of the club in 2019.
Hoyle did not receive any repayments on his £34m loans from the
Town’s wage bill fell £5.7m (or 19%), from £30.3m in 2019/20 to £24.6m last season. That was helped by the departures of a number of highlypaid
There was a significant decrease in the amount of money the club received in exchange for loaning out players, dropping from £5.7m in 2019/20 to £600,000 last season. Players loaned out in 2019/20 included Aaron Mooy, Ramadan Sobhi, Ben Hamer, Isaac Mbenza, Florent Hadergjonaj, Adama Diakhaby and Terence Kongolo.
No formal details have been offered on which of these players attracted loan fees, but we know that Mooy’s move to Brighton included a significant initial loan fee before it became permanent, and former chief executive Mark Devlin indicated in August 2020 that Sobhi’s loan deal to Egyptian side AlAhly included a substantial loan fee.
Last season, however, Reece Brown was the only first-team player to be loaned out, joining then-League One side Peterbor