Rams in ‘healthy’ position as revenues soar

Derby County has reported soaring revenues and a reduction in losses after publishing its latest accounts.

In its financial report for the year ending June 2025, in which the Rams retained their Championship status, the club saw revenues rise by £12.5 million, up from £19.4 million to £31.9 million.

The revenue rise was chiefly down to broadcast income, coupled with the sale of defender Eiran Cashin to Premier League club Brighton in January for £9 million.

These factors helped reduce overall losses by just under £3 million to £11.3 million, compared to the previous 12-month period.

Promotion to the Championship, secured two seasons ago, pushed income from television coverage up nearly £9 million from 2024.

Around £12 million was spent in the transfer market during the reporting term on players including Ebou Adams, Kenzo Goudmijn, Jacob Widell Zetterstrom, Sondre Langas, Lars-Jorgen Salvesen and Carlton Morris.

As well as the Cashin fee, money was also brought in by sales and sell-on clause deals from Liam Delap, Jayden Bogle, Morgan Whittaker and Jason Knight.

The club’s overall net liabilities have increased to £44.9 million, up from £33.6 million in 2024, largely down to owner David Clowes injecting funds for the “day-to-day running of the club”.

The Rams, which are a wholly-owned subsidiary of Clowes Developments,  said they are in a “healthy” position regarding Profit and Sustainability Rules with “headroom of £25.3 million over the three-year period”.

Championship clubs are allowed to post maximum losses of £105 million over a three-year period, with an average loss of £35 million per year.

The financial report states: “Derby County will always live within its means and will not ever enter a period of ‘boom or bust’, which had such dramatic ramifications for the club in the recent past.”