The Club has published its 2024/25 financial report, confirming a loss of £1,968,000, an increase of £185,000 when compared to the previous twelve months.It's not all bad news, however, as revenues increased by almost £1.5m, with the Trivela Group stating that the loss includes depreciation and amortisation of £459,000, following the purchase of Bescot Stadium.
Revenues rose from £6.639m to £8.226m, with last season's run to the League Two Play-Off Final and an overall increase in home attendances seeing gate receipts rising from £1.337m to £1.971m.
Money earned from television decreased by £75,000, with another £50,000 decrease from the former iFollow service as Sky Sports began a new multi-year deal with the EFL, although £289,000 was received in central funding.
The recently refurbished Locker at the Bescot Stadium made £245,000 in its first full season of operation, whilst player sales and compensation income was £119,500, with just £68,000 paid in transfer fees.
Speaking via his official X account, Walsall Chief Executive Ben Sadler responded: "An open analysis of our annual accounts below. It’s important to share detail & context with you on the result. For me, our industry is broken - and at a spiralling rate.
"There has been so much effort put in to be sustainable at the club, whilst growing. Football needs a reset!"