Reading finances
Reading reported £17m of turnover and £25m in wages for 2021/22.
Filed as THE READING FOOTBALL CLUB LIMITED. League One. Latest accounts 2021/22.
Multi-year picture
| Year ended | Wages | Turnover | P&L | Cash | Net assets |
|---|---|---|---|---|---|
| 2024/25 latest | £12m | — | -£3.9m | £267k | -£94m |
| 2023/24 | £14m | — | -£16m | £716k | -£91m |
| 2022/23 | £24m | — | -£19m | £210k | -£79m |
| 2021/22 | £25m | £17m | -£20m | £1.1m | -£63m |
| 2020/21 | £32m | £14m | -£28m | £6.5m | -£72m |
Player trading
- Amortisation charge (this year)£5.2m
- Squad book value (intangibles NBV)£6.8m
- Book value of disposals (sold registrations)£3.1m
In football accounting, "intangible assets" = player registrations. Amortisation is the contract cost spread over the years remaining.
Wage breakdown
- Social security (employer NI)£2.8m
- Pension contributions£143k
- Key management pay (directors)£607k
HMRC exposure
- Tax & social security owed at year-end£978k
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.
Ownership
Persons with significant control (>25% as filed at CH): Redwood Holdings 1 Ltd
Registered office: Select Car Leasing Stadium, Junction 11, M4, Reading, RG2 0FL
Incorporated: 1897-08-11
Recent filings
- 2026-05-13 mortgage mortgage-create-with-deed-with-charge-number-charge-creation-date
- 2026-03-30 accounts accounts-with-accounts-type-group
- 2025-12-10 confirmation-statement confirmation-statement-with-updates
- 2025-08-01 incorporation memorandum-articles
- 2025-08-01 resolution resolution
- 2025-07-30 mortgage mortgage-satisfy-charge-full
- 2025-07-01 officers appoint-person-secretary-company-with-name-date
- 2025-07-01 officers termination-secretary-company-with-name-termination-date
- 2025-05-22 mortgage mortgage-create-with-deed-with-charge-number-charge-creation-date
- 2025-05-19 mortgage mortgage-create-with-deed-with-charge-number-charge-creation-date
Source
Parsed automatically from THE READING FOOTBALL CLUB LIMITED's inline XBRL accounts at Companies House. Filed as: accounts-with-accounts-type-full. Period ended 2022-06-30, accounts filed 2023-03-16.