Nottingham Forest finances
Nottingham Forest is debt-free with £13m of cash and only £12m of borrowings (2024/25).
Filed as NOTTINGHAM FOREST FOOTBALL CLUB LIMITED. Premier League. Latest accounts 2024/25.
Multi-year picture
| Year ended | Wages | Turnover | P&L | Cash | Net assets |
|---|---|---|---|---|---|
| 2024/25 latest | £167m | — | -£79m | £13m | -£5.2m |
| 2023/24 | £166m | — | £12m | £29k | -£15m |
| 2022/23 | £145m | — | -£67m | £92k | -£109m |
| 2021/22 | £59m | £30m | -£46m | £6k | -£53m |
Player trading
- Gross spend on signings (this year)£73m
- Squad book value (intangibles NBV)£179m
- Book value of disposals (sold registrations)£18m
In football accounting, "intangible assets" = player registrations. Amortisation is the contract cost spread over the years remaining.
Wage breakdown
- Pension contributions£503k
HMRC exposure
- Tax & social security owed at year-end£7.2m
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
- Outstanding charges (loans secured against assets)2
Ownership
Persons with significant control (>25% as filed at CH): Nf Football Investments Ltd
Registered office: The City Ground, Pavilion Road, West Bridgford, Nottingham, NG2 5FJ
Incorporated: 1982-04-20
Recent filings
- 2026-04-17 officers appoint-person-director-company-with-name-date
- 2026-04-17 officers appoint-person-director-company-with-name-date
- 2026-04-17 officers appoint-person-director-company-with-name-date
- 2026-03-26 capital capital-allotment-shares
- 2026-03-26 capital capital-allotment-shares
- 2026-03-26 accounts accounts-with-accounts-type-full
- 2026-02-28 officers termination-director-company-with-name-termination-date
- 2026-02-28 officers termination-director-company-with-name-termination-date
- 2026-02-28 officers termination-director-company-with-name-termination-date
- 2025-10-14 officers appoint-person-director-company-with-name-date
Source
Parsed automatically from NOTTINGHAM FOREST FOOTBALL CLUB LIMITED's inline XBRL accounts at Companies House. Filed as: accounts-with-accounts-type-full. Period ended 2025-06-30, accounts filed 2026-03-26.