Lincoln City reported losses of £1.4 million for the 2020/21 season after matches were forced to take place behind closed doors due to lockdown.
The Imps – currently in the bottom half of League One – were hit badly by the pandemic with all matches, apart from the play-offs, forced to take place in front of empty stands.
The club said turnover dropped from £6.55 million the previous season to £5.22 million. The previous year had included an extra £1 million in compensation when management duo Danny and Nicky Cowley left to take over at Huddersfield Town in September 2019.
