Just under half of clubs across the EFL are struggling with 'financial distress' according to a survey as US investors look to take advantage with discounted investments.
The Football Distress Survey, conducted every year since 2012 by business recovery specialists Begbies Traynor, report that "financial distress is now affecting a total of 32 (44%) of the 72 clubs in the English Football League." That's double the number since the pandemic.
That is of course down to the lack of supporters and revenue due to the stadium closures of the pandemic but also the increase in players' wages in relation to the rising inflation.
