Salford City finances
Salford City has £17m of net debt as of their 2023/24 accounts.
Filed as SALFORD CITY FOOTBALL CLUB LIMITED. League Two. Latest accounts 2023/24.
Multi-year picture
| Year ended | Wages | Turnover | P&L | Cash | Net assets |
|---|---|---|---|---|---|
| 2024/25 latest | — | — | — | £66k | £6.9m |
| 2023/24 | — | — | — | £87k | -£17m |
| 2022/23 | — | — | — | £47k | -£14m |
| 2021/22 | — | — | — | £1.4m | -£12m |
Player trading
- Amortisation charge (this year)£93k
- Squad book value (intangibles NBV)£60k
- Book value of disposals (sold registrations)£277k
In football accounting, "intangible assets" = player registrations. Amortisation is the contract cost spread over the years remaining.
HMRC exposure
- Tax & social security owed at year-end£174k
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£17m
- Outstanding charges (loans secured against assets)1
Ownership
Persons with significant control (>25% as filed at CH): Project 92 Limited
Registered office: Fourth Floor, Unit 5b The Parklands, Bolton, BL6 4SD
Incorporated: 2014-02-26
Recent filings
- 2026-03-31 accounts accounts-with-accounts-type-small
- 2026-03-10 confirmation-statement confirmation-statement-with-no-updates
- 2025-10-16 officers termination-director-company-with-name-termination-date
- 2025-10-16 officers termination-director-company-with-name-termination-date
- 2025-10-16 officers termination-director-company-with-name-termination-date
- 2025-10-16 officers termination-director-company-with-name-termination-date
- 2025-03-31 accounts accounts-with-accounts-type-small
- 2025-03-05 officers change-person-director-company-with-change-date
- 2025-03-04 persons-with-significant-control change-to-a-person-with-significant-control
- 2025-03-04 confirmation-statement confirmation-statement-with-no-updates
Source
Parsed automatically from SALFORD CITY FOOTBALL CLUB LIMITED's inline XBRL accounts at Companies House. Filed as: accounts-with-accounts-type-small. Period ended 2024-06-30, accounts filed 2025-03-31.