West Bromwich Albion Reveals £17m Loss in 2024/25 Financial Accounts
West Bromwich Albion has published its 2024/25 financial accounts, reporting a £17m loss. Discover how owner investment from Shilen Patel and Dr Kiran C. Patel supported the club's operations.
West Bromwich Albion Group Limited has officially published its annual report and financial statements for the 12-month period ended June 30, 2025, reflecting the 2024/25 Sky Bet Championship season. The club's financial accounts, submitted to Companies House and the EFL in line with Profit and Sustainability (P&S) rules, reveal a recorded loss of £17 million for the period, a significant improvement from the £31.3 million loss reported in 2024. This annual reporting ensures transparency with supporters and shareholders.
A crucial factor in the club's financial stability has been the continued substantial commitment from its owners. Bilkul Football WBA, LLC, the company owned by Shilen Patel and Dr Kiran C. Patel, who hold 93.9% of the Group’s share issue, provided operating monies and additional capital injections totaling £17.6 million during this period. This represents a substantial increase from the £8.7 million injected in 2024, underscoring the owners' dedication to West Bromwich Albion.
Analyzing the summary cashflow statement, total sales for West Bromwich Albion reached £30.4 million in 2024/25, up from £28.2 million in the previous year. League distributions, including broadcast revenues, increased by £1.4 million to £12.8 million, primarily due to a new broadcast agreement between the EFL and Sky Sports. This highlights the growing importance of media rights for Championship clubs.
Despite an increase in average attendances at The Hawthorns to 24,984, gate receipts saw a slight reduction of £300,000, settling at £6.8 million. The higher revenue in 2024 was largely influenced by the FA Cup third-round tie against Wolverhampton Wanderers, demonstrating the financial impact of cup runs. Other commercial revenues, encompassing sponsorship, hospitality, retail, conferencing, and events, showed positive growth, increasing by £1.2 million to £8.2 million.
Operating costs remained a significant factor, with staff costs at £37.1 million and other cash operating costs at £14.7 million. The club's activity in the transfer market saw £5.4 million spent on player purchases, offset by £8.2 million generated from player sales. This strategic approach to player trading contributed positively to the cashflow.
Overall, the financial statements indicate a net decrease in cash of £2.3 million for the period, a considerable improvement from the £9.9 million decrease in 2024. West Bromwich Albion continues to navigate the financial landscape of the Sky Bet Championship with a focus on sustainability and owner support, ensuring the club's long-term viability for its dedicated fanbase.