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Losses revealed as Pompey file accounts for 2020-21
Wednesday, 30th Mar 2022 18:33 by pompey-fans.com staff

Pompey have announced losses of £3.86m for the July 2020 to June 2021 year.

The club have have filed their accounts for the year at Companies House and its key points have been revealed.

The club said: * Overall loss for financial year of £3.86 million (after depreciation and amortisation) * Operating EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation) loss of £2.1 million * The year-end balance sheet showed a net asset position of £11 million * During the year, £3.8 million was spent on new investment in stadium infrastructure and strategic assets * A post-year end share capital injection of £5 million in November 2021

The club added: "Portsmouth Football Club would like to thank all Pompey fans for their continued support."

Photo: Action Images



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