League Two club finances and accounts
The 17 League Two clubs we hold accounts for turned over AU$197.7m between them. We hold a wage bill for 10 of them, and those clubs paid AU$104.2m in staff costs.
Clubs by revenue
Each club on its latest filed year. Open a club for the full measure set and the documents behind it.
| # | CLUB | Revenue | Staff costs | Wages to revenue | Pre-tax result | SEASON |
|---|---|---|---|---|---|---|
| 1 | Rotherham United | AU$19,879,976AU$19.9m | - | - | -AU$8.8m | 2024/25 |
| 2 | Walsall | AU$15,547,140AU$15.5m | AU$11,111,310AU$11.1m | 71.5% | -AU$3.7m | 2024/25 |
| 3 | Bristol Rovers | AU$15,318,499AU$15.3m | AU$16,830,737AU$16.8m | 109.9% | -AU$13.3m | 2024/25 |
| 4 | Chesterfield | AU$14,749,726AU$14.7m | AU$11,422,328AU$11.4m | 77.4% | -AU$4.5m | 2024/25 |
| 5 | Gillingham | AU$14,232,673AU$14.2m | AU$12,787,596AU$12.8m | 89.8% | -AU$10.8m | 2024/25 |
| 6 | Fleetwood Town | AU$13,778,624AU$13.8m | - | - | - | 2021/22 |
| 7 | Shrewsbury Town | AU$13,634,579AU$13.6m | AU$10,117,128AU$10.1m | 74.2% | -AU$1.8m | 2024/25 |
| 8 | Northampton Town | AU$12,849,452AU$12.8m | AU$11,192,232AU$11.2m | 87.1% | -AU$4.9m | 2024/25 |
| 9 | Exeter City | AU$12,415,319AU$12.4m | AU$9,701,300AU$9.7m | 78.1% | AU$344k | 2023/24 |
| 10 | Swindon Town | AU$11,402,553AU$11.4m | - | - | AU$145k | 2022/23 |
| 11 | Tranmere Rovers | AU$10,892,786AU$10.9m | AU$9,328,628AU$9.3m | 85.6% | -AU$5.5m | 2024/25 |
| 12 | Crewe Alexandra | AU$10,085,348AU$10.1m | AU$8,129,448AU$8.1m | 80.6% | -AU$2.3m | 2024/25 |
| 13 | York City | AU$7,270,310AU$7.3m | AU$3,566,422AU$3.6m | 49.1% | - | 2022/23 |
| 14 | Newport County | AU$6,545,244AU$6.5m | - | - | -AU$1.7m | 2022/23 |
| 15 | Crawley Town | AU$6,513,016AU$6.5m | - | - | AU$375k | 2018/19 |
| 16 | Grimsby Town | AU$6,484,254AU$6.5m | - | - | AU$310k | 2018/19 |
| 17 | Barnet | AU$6,082,415AU$6.1m | - | - | AU$113k | 2016/17 |
We hold filed accounts for 17 of the 24 clubs in League Two.
Revenue, biggest first
Turnover in each club’s latest filed year.
Wages as a share of revenue
The share of turnover each club paid out in staff costs, across the 10 clubs we hold a wage bill for.
By division
Combined revenue in each division we hold accounts for.
| DIVISION | CLUBS | Revenue |
|---|---|---|
| Premier League | 20 | AU$11,626,349,600AU$11.63bn |
| Championship | 24 | AU$2,045,636,159AU$2.05bn |
| League One | 19 | AU$845,504,131AU$845.5m |
| Scottish Premiership | 11 | AU$599,337,598AU$599.3m |
Frequently asked questions
Which League Two club earns the most?
Rotherham United is the biggest club in League Two we hold accounts for, on AU$19.9m of revenue in 2024/25.
Which League Two club spends most of its revenue on wages?
Bristol Rovers paid 109.9% of revenue in staff costs in 2024/25, the highest share in League Two we hold.
How many League Two clubs are covered?
We hold filed accounts for 17 of the 24 clubs in League Two.