Northampton announce near £3m loss for 2024-25

Northampton Town are currently in their third successive season in League One [Getty Images] Northampton Town have announced a pre-tax loss of £2. 995m for the 12 months ending 30 June 2025. The figure compares to a loss of £2,030m the previous season - but turnover has increased by more than £800,000 to a club record £7.

541m. There was also an increase in the playing budget of over 20% as the Cobblers finished 19th in League One - five points clear of the relegation places - under Kevin Nolan, who replaced Jon Brady mid-season. "The figures show the challenges we face in terms of football financing and in particular the inflation of player wages," said chairman Kelvin Thomas.

"We have continued to fund the club and maintain the highest playing budget that we can, while trying to keep the reliance on owner funding and losses to a level that does not risk the short, medium or long-term future of the club. "We support the move towards a more sustainable future for both the club and football in general. "That remains difficult to achieve in the current climate but we are encouraged by the formation of the Independent Financial Regulator (IFR) and believe that a new distribution model alongside effective changes to spending cost controls will be necessary to help to achieve sustainability in the future.

" Read Northampton Town's annual report in full The period covered by the club's latest annual report saw the opening of the LCS East Stand, their Sixfields home now having a capacity of more than 8,200. There was also an increase in profits from transfer incomings and outgoings, up from £256,409 to £478, 098. This season, however, has proved even more challenging and Northampton are currently in the League One relegation places, 10 points from safety with just seven games to go.