Blackpool's Turnover Fell Again. So Did Their League Position

In the 2024-25 season covered by these accounts, Blackpool competed in the bottom half of League One, continuing a decline that has followed the club since its relegation from the Championship in 2022 under a series of short-tenured managers.

Turnover fell by around 9% to close to £9m, one of the sharper single-year revenue declines among League One's more established clubs, a reflection of falling attendances and reduced commercial income as the club has slipped down the table.

A pre-tax loss of around £4.5m for the period continued a run of losses that has pushed net assets to around minus £15m, a deficit that has grown steadily since the club's Championship years came to an end.

Staff costs of around £10m against turnover of £9m show a wage bill still slightly ahead of income, a gap that owner Simon Sadler has continued to fund even as results have failed to arrest the club's slide.

A once-promising Championship club now finds itself fighting for relevance in the bottom half of League One, and these accounts show the financial drift has kept pace with the one on the pitch.