York City - Financial Accounts
All the information below is sourced from public records and press statements. Full sets of accounts are lodged at Companies House and should be available to anyone to download from their web site.
Once again, the 2018/9 accounts show another big loss with JM Packaging again committing their ongoing support for another season. 2018/9 Accounts - Read More
Ditto, once again, the 2017/8 accounts show another big loss with JM Packaging again committing their ongoing support for another season. 2017/8 Accounts - Read More
The 2016/7 accounts show continuing big losses and a very worrying future given the loss of further central funding and the decision by Jason McGill to put the club up for sale. In one way, they are not much different to recent years. BUT, the one big difference is without JMP funding the future is unsustainable. It costs almost as much to keep the club afloat as comes in through the turnstiles, that is before you pay the team.
The 2015/6 (Football League relegation) season show a headline lose of over £301k, income included a £235k donation from JMP / the McGill family. Expenditure remained relatively steady but income fell marginally. Net current liabilities jump to £4.897m.
The 2014/5 (Worthington / Wilcox) season shows a headline lose of over £361k, income included a £360k donation from JMP / the McGill family (otherwise losses would have been £720k+), meaning a large increase on losses. Expenditure remained relatively steady but income fell. Net current liabilities jump to over £4m.
See below for more details of individual years' accounts and a summary for the past 20 years. Any thoughts on how to make the 2018/9 forecast more realistic, please send details to the email address below.
20 years of accounts summarised (with 2018/9 forecast)
1922 - Want To Buy A Share?
2018/9 Accounts Published March 25th 2020
1999/2000: Accounts In Words
1996/7: Accounts In Words (plus 10 year summary)
1995/6: Accounts In Words
1994/5: Accounts In Words
1993/4: Accounts In Words
1992/3: Accounts In Words
1991/2: Accounts In Words
Sell To Survive?
For the record, over the years, City's accounts have been propped up by a succession of big money sales. Also, the 1970s saw City sell off around 7 houses in Dringhouses and other suburbs of York, another followed in the mid 1990s.
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