Bristol Rovers Football Club’s accounts for the 2021/22 financial year were submitted last week, along with the annual report.
The results are yet to be published on Companies House, but in a statement the club revealed pre-tax loss of £3.7m for the 2021/22 financial year. This was a treble-fold increase from the year 2020/21 of £1.3m, with the club declaring they were “in line with budget, however, contractual bonuses paid on promotion led to an overspend”.
Rovers cite “a drop in central revenues, a drop in budgeted attendances, removal of COVID grants and no budgeted transfer income” as the reasons behind the seven-figure sum. Elsewhere in the report Rovers said that fixed assets rose from £2.4m in 2020/21 to £2.7m in 2021/2. The club also announced turnover increase to £6.2m in 2021/22 compared to £5m in 2020/21.
