Do Not Sell My Personal Information
  1. Home
  2. Championship
  3. Huddersfield Town

Huddersfield Town: End of year accounts reveal good news for club amidst dismal season

Huddersfield Town: End of year accounts reveal good news for club amidst dismal season - Huddersfield Town

There has not been much to shout about this season if you are a Huddersfield Town fan.

The Terriers are currently bottom of the Premier League, 16 points from safety and facing the prospect of relegation to the second tier of English football at the weekend if results do not go their way.

However, off-the-pitch the club have posted some good news which may be vital for the future of the Yorkshire-based outfit. The end of year accounts for the previous year saw Huddersfield make a profit of £23.2m (via the BBC) which is a vast improvement on their 2017 postings which resulted in a £21.9m loss. Although this only accounts for expenditure up to last June, when you consider that the Terriers spent modestly in both the summer and the winter transfer windows, they should be in a good financial position for next season.

In contrast, Fulham’s decision to blow £105.3m (via Sky Sports) could prove to be incredibly detrimental for the club as they are almost certain to join Huddersfield as one of the three clubs who will be relegated to the Championship in May. Whereas Jan Siewert’s side could look to strengthen their squad in the summer, Scott Parker may have to offload a number of his players to finance any future moves as the Cottagers discover the costs of over-spending.

Even though they face a return to the second tier after just two years in the Premier League, the Terriers will undoubtedly benefit from the parachute payments that relegated sides receive. In 2018, the figure paid out to club’s who failed to avoid the drop was £40m (according to the Sun) with an extra £35m given in 2019 and £15m in 2020. However, if a side is promoted within three seasons of getting relegated the payments will stop.

What this ultimately means for Huddersfield is that if they wanted to, they could keep the majority of their key players for at least the 2019/20 campaign. However, giving how poor they have been this season, it would be a surprise if Siewert doesn’t completely overhaul the current squad in the summer.

What do you think Terriers fans? Should the club use their financial status to bolster the squad in the summer? Who should Siewert keep at the John Smith’s Stadium? Let us know below.


To Top

Article title: Huddersfield Town: End of year accounts reveal good news for club amidst dismal season

Please leave feedback to help us improve the site: