Bristol City released their accounts on Thursday afternoon which revealed losses of £28.5m for the 2021/22 financial year.
The figure is £10m better off than last year which included the return of supporters to stadiums following the pandemic and the reduction of player wages that decreased from £35.3m to £30.3m. The collapse of the transfer market is still having a major impact on revenue with City raising just £1.3m through player sales.
City are heading in the right direction, albeit slowly, but there can be positives to take from the latest accounts with the Robins set to avoid a points deduction. Although it doesn't hide the fact that the club have racked up losses of £439,000-a-week for the last decade.
