Home / Sports / Cheltenham Town Reveals Significant Financial Loss
Cheltenham Town Reveals Significant Financial Loss
17 Feb
Summary
- Club reported a financial loss exceeding £325,000 for the 2024-25 season.
- Revenue decreased by £484,000 compared to the previous financial year.
- Fan support remains strong with positive attendances and atmosphere.
Cheltenham Town, recently relegated from League One, has disclosed a financial loss of just over £325,000 for the 2024-25 financial year. This marks their first financial report following their drop in league status.
The club's revenue experienced a reduction of £484,000 when compared to the preceding financial year. However, the impact on gate receipts and commercial income was relatively slight, indicating resilience in these areas.
In a statement, the club acknowledged and expressed gratitude for the unwavering support from their fanbase. They highlighted that attendances have remained strong, contributing to a positive and engaging atmosphere at matches.
Currently, Cheltenham Town sits 18th in the League Two table, nine points clear of the relegation zone. Their next fixture is against League Two leaders Bromley.
