Football FinanceProfitable
Which English football clubs make a profit?
Most English football clubs lose money. Here are the ones that didn't on their latest filed accounts. Sorted by profit, biggest first.
| # | Club | Profit | Turnover | Wage bill | Profit margin | Year |
|---|---|---|---|---|---|---|
| 1 |
AFC Arsenal
|
£643m | £331m | 4% | 2024/25 | |
| 2 |
NUFC Newcastle United
|
£323m | £241m | 6% | 2023/24 | |
| 3 |
BFC Brentford
|
£178m | £117m | 10% | 2023/24 | |
| 4 |
AFCB AFC Bournemouth
|
£182m | £158m | 8% | 2024/25 | |
| 5 |
LTFC Luton Town
|
£67m | £40m | 21% | 2024/25 | |
| 6 |
LFC Liverpool
|
£703m | £428m | 1% | 2024/25 | |
| 7 |
CPFC Crystal Palace
|
£197m | £148m | 4% | 2024/25 | |
| 8 |
ITFC Ipswich Town
|
— | — | — | 2024/25 | |
| 9 |
PUFC Peterborough United
|
— | £8.5m | — | 2024/25 | |
| 10 |
SUFC Sheffield United
|
£79m | £46m | 1% | 2024/25 | |
| 11 |
PAFC Plymouth Argyle
|
— | £21m | — | 2024/25 | |
| 12 |
AFC Altrincham
|
£625k | £215k | 37% | 2024/25 | |
| 13 | £31m | £23m | 1% | 2024/25 |
Why so few?
Football is structurally loss-making at most levels of English football. Player wages typically consume 70-100% of turnover before any other costs. Most clubs rely on owner funding, transfer trading, or parachute payments to plug the gap.
Clubs that DO post profit usually do so through one of: a major player sale (Brighton's model), parachute payments after relegation (Burnley, Leeds), Champions League prize money (Arsenal, Man City), or community-trust ownership with structurally lower wages (Forest Green, others).
Source: each club's iXBRL accounts at Companies House. Refreshed weekly.
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