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Birmingham Post
Birmingham Post
Business
Abigail Turner

Bristol Rovers report losses of £3.7m in latest accounts for 2021/22 season

Bristol Rovers Football Club’s accounts for the 2021/22 financial year were submitted last week, along with the annual report.

The results are yet to be published on Companies House, but in a statement the club revealed pre-tax loss of £3.7m for the 2021/22 financial year. This was a treble-fold increase from the year 2020/21 of £1.3m, with the club declaring they were “in line with budget, however, contractual bonuses paid on promotion led to an overspend”.

Rovers cite “a drop in central revenues, a drop in budgeted attendances, removal of COVID grants and no budgeted transfer income” as the reasons behind the seven-figure sum. Elsewhere in the report Rovers said that fixed assets rose from £2.4m in 2020/21 to £2.7m in 2021/2. The club also announced turnover increase to £6.2m in 2021/22 compared to £5m in 2020/21.

Bristol Live reported that Rovers would have breached the £3m mark in last year’s accounts if not for the £1.2m plus add-ons sale of Jonson Clarke-Harris to Peterborough United, along with teenagers Kyrie Pierre and Bradley Burrowes being sold to Aston Villa for six-figure amounts.

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