Swindon Town have released an independent report into their latest set of accounts, revealing a net loss of £2.57 million for the 2024/25 financial year. The report, compiled in partnership with Fair Game UK and Goal Assist Limited, shows that the club ranked seventh for both revenue and costs among fellow League Two clubs.
What happened?
The report reveals that Swindon Town's wage expenditure was the second lowest in League Two, with 65 per cent of revenue spent on player wages, only above AFC Wimbledon. The club's financial position is a concern, with net debt exceeding that of many other League Two clubs.
Why it matters for Swindon Town
The report praises the club's discipline in controlling agent fees and maintaining lower cumulative losses compared to some of its peers. However, the club remains technically insolvent, with cash remaining low at the year end.
What comes next?
As Swindon Town sits 14th in League Two with 1 point from 1 game, having scored 0 goals and conceded 0, they are 2 points behind leaders Walsall. The club's next fixture is away to Grimsby on February 27, 2027, who are currently 9th in the table. With the club's financial challenges, it will be important for them to generate revenue and reduce costs to achieve long-term sustainability.
