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Football FinanceMilton Keynes Dons
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Milton Keynes Dons finances

Milton Keynes Dons has £13m of net debt as of their 2024/25 accounts.

Filed as MILTON KEYNES DONS LIMITED. League Two. Latest accounts 2024/25.

← Football Finance · Milton Keynes Dons dashboard → · Transfers → · Companies House →

Wage bill
£5.2m
Turnover
£5.7m
Profit / loss
-£2.3m
Net debt
£13m
Cash
£325k
Net assets
-£13m

Multi-year picture

Year ended Wages Turnover P&L Cash Net assets
2023/24 latest £5.2m £5.7m -£2.3m £325k -£13m
2022/23 £5.8m £7.0m -£1.7m £680k -£10m

Player trading

  • Gross spend on signings (this year)£488k
  • Amortisation charge (this year)£482k
  • Squad book value (intangibles NBV)£623k
  • Book value of disposals (sold registrations)£38k

In football accounting, "intangible assets" = player registrations. Amortisation is the contract cost spread over the years remaining.

Wage breakdown

  • Wages & salaries£4.5m
  • Social security (employer NI)£504k
  • Pension contributions£256k

HMRC exposure

  • Tax & social security owed at year-end£256k

Unusually large HMRC balances at year-end can signal cash pressure. Most clubs file PAYE monthly, so a multi-million sum sitting unpaid is a flag.

Debt breakdown

  • Group / owner loans£14m

Ownership

Persons with significant control (>25% as filed at CH): Stadium Mk Group Limited

Registered office: Stadium Mk, Stadium Way, Milton Keynes, MK1 1ST

Incorporated: 2003-06-04

Recent filings

  • 2025-07-01 accounts accounts-with-accounts-type-full
  • 2025-06-25 confirmation-statement confirmation-statement-with-no-updates
  • 2024-10-29 officers change-person-director-company-with-change-date
  • 2024-08-20 incorporation memorandum-articles
  • 2024-08-19 resolution resolution
  • 2024-08-15 mortgage mortgage-satisfy-charge-full
  • 2024-08-14 officers termination-director-company-with-name-termination-date
  • 2024-08-14 officers termination-director-company-with-name-termination-date
  • 2024-08-14 officers termination-director-company-with-name-termination-date
  • 2024-08-14 officers appoint-person-director-company-with-name-date

Source

This club files paper accounts at Companies House, so we cannot parse them automatically. Figures shown are editor-curated from the same public filing. View at Companies House →

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