League Two club finances and accounts
The 17 League Two clubs we hold accounts for turned over $141.2m between them. We hold a wage bill for 10 of them, and those clubs paid $74.4m 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 | Salaries to revenue | Pre-tax result | SEASON |
|---|---|---|---|---|---|---|
| 1 | Rotherham United | $14,199,983$14.2m | - | - | -$6.3m | 2024/25 |
| 2 | Walsall | $11,105,100$11.1m | $7,936,650$7.9m | 71.5% | -$2.7m | 2024/25 |
| 3 | Bristol Rovers | $10,941,785$10.9m | $12,021,955$12m | 109.9% | -$9.5m | 2024/25 |
| 4 | Chesterfield | $10,535,519$10.5m | $8,158,806$8.2m | 77.4% | -$3.2m | 2024/25 |
| 5 | Gillingham | $10,166,195$10.2m | $9,133,997$9.1m | 89.8% | -$7.7m | 2024/25 |
| 6 | Fleetwood Town | $9,841,874$9.8m | - | - | - | 2021/22 |
| 7 | Shrewsbury Town | $9,738,985$9.7m | $7,226,520$7.2m | 74.2% | -$1.3m | 2024/25 |
| 8 | Northampton Town | $9,178,180$9.2m | $7,994,452$8m | 87.1% | -$3.5m | 2024/25 |
| 9 | Exeter City | $8,868,085$8.9m | $6,929,500$6.9m | 78.1% | $246k | 2023/24 |
| 10 | Swindon Town | $8,144,681$8.1m | - | - | $103k | 2022/23 |
| 11 | Tranmere Rovers | $7,780,562$7.8m | $6,663,306$6.7m | 85.6% | -$3.9m | 2024/25 |
| 12 | Crewe Alexandra | $7,203,820$7.2m | $5,806,748$5.8m | 80.6% | -$1.6m | 2024/25 |
| 13 | York City | $5,193,079$5.2m | $2,547,445$2.5m | 49.1% | - | 2022/23 |
| 14 | Newport County | $4,675,174$4.7m | - | - | -$1.2m | 2022/23 |
| 15 | Crawley Town | $4,652,154$4.7m | - | - | $268k | 2018/19 |
| 16 | Grimsby Town | $4,631,610$4.6m | - | - | $221k | 2018/19 |
| 17 | Barnet | $4,344,582$4.3m | - | - | $81k | 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.
Salaries as a share of revenue
The share of turnover each club paid out in staff costs, across the 10 clubs we hold a payroll for.
By division
Combined revenue in each division we hold accounts for.
| DIVISION | CLUBS | Revenue |
|---|---|---|
| Premier League | 20 | $8,304,535,429$8.3bn |
| Championship | 24 | $1,461,168,685$1.46bn |
| League One | 19 | $603,931,522$603.9m |
| Scottish Premiership | 11 | $428,098,284$428.1m |
Frequently asked questions
Which League Two club earns the most?
Rotherham United is the biggest club in League Two we hold accounts for, on $14.2m 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.