OXFORD United’s latest accounts show a loss of just over £2million.
The figures cover the 12 months up to June 30 2018, so are the final eight months of Darryl Eales’s reign as owner, which ended in February 2018 when he sold the controlling stake to Sumrith ‘Tiger’ Thanakarnjanasuth.
They show a return to heavy losses, having made a £650,000 profit the year before thanks to the big-money transfers of Kemar Roofe and Callum O’Dowda.
Also read: Oxford United miss March wages payment to staff
As part of the takeover deal Eales’s ENSCO 1070 were owed £4.2m, which had decreased to £3.5m by the end of June.
At that stage the club were still owed £2.2m by ‘trade debtors’, which is likely to be the outstanding transfer fees from Marvin Johnson and John Lundstram.
The accounts also show £2.3m was invested in the form of shares when the takeover went through.
Over that period the average monthly staff level was 189, up 22 per cent from 154 the year before.
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