Luton Town admitted they should have spent more on player acquisitions to avoid relegation from the Premier League after releasing their financial results for the fiscal year ending June 30, 2024. Despite an impressive increase in turnover to 132.3m and an operating profit of 48.8m, injuries plagued their squad, leading to poor performance in the second half of the season. The club's statement highlights the need to reinforce their team in January to counteract injury crises that ultimately led to their 18th place finish in the league.
Luton Town admitted they should have invested more in new players to combat relegation risks after facing significant injuries that hampered their season.
The club recorded an operating profit of 48.8m, largely due to higher turnover from their Premier League promotion, while still planning extensive club improvements.
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