Bristol City’s Championship rivals Stoke City have posted losses of £56million for the financial year ending 2021, indicating the accuracy of Robins chairman Jon Lansdown that as many as seven clubs in the second tier will be under threat of failing the EFL’s Profit and Sustainability rules.
The loss recorded by the Potters exceeds the £38.4m red number posted by City in December for the same accounting period, with fellow second tier side Reading publishing losses of £35.7m earlier this week.
The numbers were featured in bet365’s accounts, with the Coates family owning the gambling company alongside Stoke, and greater details will be revealed when the club's own figures are released, but show yet again the huge financial impact Covid-19 has had on EFL clubs with wage bills that exceed turnover.
