Cardiff City post 35m loss for last financial year

"Cardiff's turnover increased 2.6m to 25.8m, but their wage bill increased to 29.1m during the last campaign although the accounts confirm most of the squad did include relegation clauses. The 35.1m overall loss is a jump of 23m, although last year's finances were boosted by the sale of a percentage of any successful damages gained in their court action with French club Nantes."

"In the notes accompanying the accounts, the club state that relegation from the Championship meant they faced an 'immediate challenge' of an 'incredibly significant drop in turnover and the actions that by necessity had to be taken around the club's cost base to bridge that gap'."

"accounts state they remain reliant on the financial support of majority shareholder Vincent Tan, whose loans to the club totalled almost 90m by the end of last season. In notes accompanying the accounts for the financial year ending on 31 May 2025, Cardiff's overall liabilities stood at 161m."

Cardiff City posted a £35.1m loss in the season they were relegated from the Championship, with turnover increasing marginally to £25.8m while wage bills rose to £29.1m. The club remains heavily reliant on financial support from majority shareholder Vincent Tan, whose loans reached approximately £90m by season end. Total liabilities stand at £161m, including £37.3m owed to a company where chairman Mehmet Dalman has significant interest. Cardiff paid around £7m in interest expenses, though over half of Tan's loans are interest-free. The club received an additional £19.5m in non-repayable funds post-reporting period. Operating losses remained at £28.1m, and the club has paused development of a new training base pending return to the Championship.

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