Burton Albion have announced a large £8.3 million loss in the 2024/25 financial year, a steep increase from their figures from 12 months ago.
The Brewers have undergone an ownership change since their last accounts were filed, with the Scandinavian-based Nordic Football Group taking over from previous chairman Ben Johnson.
Figures Plummet
Burton’s annual accounts were published on Companies House yesterday, with the club revealing a staggering £8.3 million loss for the previous financial year, a large step up from the previous £1.3 million in last year’s documents.
Spearheading the rise was heavy borrowing, seeing the club take in £10 million, a 525% increase from the previous account, while there has also been a rise in management charge from the current owners to the value of £1.3 million, having previously been none in the last annual statement.
Wages heavily increased as well, with a 53% rise in staffing costs compared to last year, with the club’s number of employees increasing to 315 across that period.
After a second-straight 20th-placed finish in League One last year, revenue slightly increased by just £30,000, while the ownership group also wiped off £8.7 million of a loan in 2025.
In a statement on the club’s website, Burton’s interim chairman Wouter Gudde said:
““I can confirm the submission of our accounts for the 2024-25 season, which includes the known loss we expected to see.
“As we referred to in our October statement, we have now put in place a strategy to reduce that loss by a significant percentage year-on-year. For the 2025-26 season, I would expect to see that drop between 30-40%.”
Worrying Signs At Albion
While it is the Nordic Football Group’s first year in charge at Burton Albion, the sharp increase in costs for the club is a very concerning sign to see.
The club have tried to temper worries by saying that there will be a decrease in losses over this current season, but it is hard to see how the club can handle serious loss-making over a long-term period.
Investment has been key to their project so far, with how hard they tackled their first transfer window in charge and that largely has failed to yield any meaningful increase in performances, with the club just one position over the place they found themselves at the end of last season.
Whether they can start to rein in the spending over the next stage of their ownership remains to be seen, but it may have to come otherwise their costs could spiral out of control and player sales for key talents like Jake Beesley may become necessary before too long.