Losses widened at Blackpool FC last season which saw the club win promotion back to the Championship.
The Seasiders' parent company has reported pre-tax losses of £5.1m for the 12 months to June 31, 2021, compared to losses of over £3m during the prior year.
Blackpool Football Club Holdings has also posted a turnover of £6.8m for the period, compared to the £6.5m.
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In a statement signed off by the board, the club said: "During the year the effects of Covid-19 have had an impact on operations at the club.
"Supporters were unable to attend matches, resulting in a significant reduction in gate receipts.
"However, match streaming saw a significant increase which helped bridge the gap in any lost revenue."
In November 2017, Blackpool were put up for sale by the Oyston family while in February 2019 the club were put into receivership by the High Court.
In June 2019, Simon Sadler was announced as the new owner of the club, officially ending the Oystons' 32-year tenure, purchasing a 96.2% stake.
Mr Sadler was born and raised in Blackpool and has worked in asset management in Hong Kong since 2007.
He is the founder and chief investment officer of Segantii Capital Management.
