Loton Town should have spent more to try to avoid landing from the Premier League, and the club confessed.
Hatch Their financial results for the year ended on June 30, 2024and external On Wednesday night, it revealed the record sales and profits as a result of the upgrade to the Premier League for the first time.
The club recorded a operating profit of 48.8 million pounds, after losing 16 million pounds in the previous year, although this figure has already been spent on improvements on the ground on the Kenilworth road, promotions to training land and new club offices.
The rest was settled for investment at the Club Academy and the development of the new stadium proposed in the Energy Court.
The club also informed the spending of more than 25 million pounds on new signatures to compete in the English Premier League, A strategic report from the managers who accompanied the financial resultsand external He suggested that they had to invest more in January to avoid the landing threat.
The Japanese international Dikki Hashuka was the only arrival in January of the influence of the first team, although the defender was limited to only six games, and in the midst of the injury crisis, Hattars got only six points from the last 16 matches until the end.
The statement said: “After it is too late, the club may have strengthened more, as injuries began since the beginning of the year onwards to nullify the season with a number of main players who surrender to long -term issues that would miss all or large parts of the rest of the season.
“The club scored 11 players missing in one match week, which is the highest common level in the 2023-24 season, while 18 of the 26 men team were excluded at some point, with many of these injuries focused in the second half of the season, which resulted in strongly disabilities to the team’s efforts to avoid decline.”
The club’s rotation rate increased from 18.4 million pounds to 132.3 million pounds thanks to its return to the highest trip after more than 30 years, but the operating costs also jumped from 39.5 million pounds to approximately 85 million pounds as a result of winning the final of the tournament match against Coventry City.
The Hatters team broke their transportation record several times, as they brought Tahith Chong from Birmingham, Ryan Giles from Wolves, BlackBurn Keeper Thomas Kaminski and Jacob Brown from Stoke, in addition to the signature of free agents Tim Krul, Andros Townsund and Ross Barkley, who went to the club club.
Loton faces the possibility of a decrease in a row in a row, as Hatars are 23 in the tournament, and three points of safety and with the difference in the second goal in the department.
