""No club can survive for the long-term in this system and if that continues, catastrophe will happen," warned Portsmouth chairman Michael Eisner. "There are dark clouds hovering over the English football pyramid and it seems to me there could be a real collapse where only the Premier League survives.""
""What concerns me is that we've become anaesthetised to the huge numbers which are involved," football finance expert Kieran Maguire told BBC Sport. He added: "And that's now starting to drip down into League One, where the average annual losses have tripled from about £2m a year to £6m over the last couple of seasons.""
Championship clubs have incurred losses totaling £3 billion in the last ten years, with only three clubs reporting a profit in 2024-25. Portsmouth chairman Michael Eisner warned of a potential collapse of the football pyramid if financial issues persist. The financial strain is also affecting League One, where average annual losses have increased significantly. Experts express concern over the reliance on wealthy individuals and corporations to sustain the league's financial health.
Read at www.bbc.com
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