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Reading FC's £3.8m Loss Revealed Amid Player Sales

Summary

  • Reading FC recorded a £3.8m loss in the 2024-25 League One season.
  • Player sales generated £9.5m, significantly reducing initial losses.
  • Total borrowings for the club now stand at £130.6m.
Reading FC's £3.8m Loss Revealed Amid Player Sales

Reading FC has released its annual accounts for the 2024-25 League One season, revealing an overall loss of £3.8 million. The club managed to reduce its initial losses by a substantial £9.5 million through player sales, a significant increase from the £3.9 million earned the previous year.

During this period, the club's revenue decreased by 2% to £9.8 million, while the wage bill saw a considerable 22% reduction, standing at £12.4 million. Despite these cost-saving measures, total expenses remained 127% of revenue. The club operated under a transfer embargo, limiting player signings to zero cost.

Reading's borrowings for the season amounted to £11.4 million, bringing their total debt to £130.6 million. The team achieved a seventh-place finish in League One. Towards the end of the season, a takeover was completed, with new owner Rob Couhig purchasing the club from Dai Yongge.

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