Reading finances and accounts
Reading turned over £9.8m in 2024/25 and paid £12m in staff costs, which is 126.5% of everything the club earned.
Revenue by season
What Reading turned over in each year we hold accounts for.
Every measure, season by season
Costs are shown as the amount paid. A dash is a measure Reading does not report on its own.
Staff costs and player amortisation sit inside total operating costs rather than on top of them.
| MEASURE | 2024/25 | 2023/24 | 2021/22 | 2020/21 | 2019/20 | 2016/17 | 2015/16 |
|---|---|---|---|---|---|---|---|
| Revenue | £9,805,651£9.8m | £10,001,548£10.0m | £16,906,169£16.9m | £13,766,170£13.8m | £17,767,865£17.8m | £36,686,839£36.7m | £25,784,213£25.8m |
| Staff costs | £12,407,926£12.4m | £15,817,957£15.8m | £25,322,777£25.3m | £32,209,174£32.2m | £37,574,302£37.6m | £27,894,461£27.9m | £30,761,382£30.8m |
| Wages and salaries | £11,031,245£11.0m | £14,246,943£14.2m | £22,421,164£22.4m | £28,484,127£28.5m | £33,296,447£33.3m | £24,690,358£24.7m | £27,488,407£27.5m |
| Social security costs | £1,250,202£1.3m | £1,424,104£1.4m | - | - | - | £3,111,329£3.1m | £3,176,601£3.2m |
| Pension costs | £126,479£126k | £146,910£147k | - | - | - | £92,774£93k | £96,374£96k |
| Player amortisation | - | - | £5,243,796£5.2m | £8,292,505£8.3m | £9,208,138£9.2m | - | - |
| Other operating income | - | - | - | - | - | £322,619£323k | £322,619£323k |
| Cost of sales | £9,007,349£9.0m | £10,706,194£10.7m | - | - | - | - | - |
| Total operating costs | £14,067,757£14.1m | £16,263,093£16.3m | - | - | - | £45,039,844£45.0m | £49,604,408£49.6m |
| Profit on player sales | £9,508,267£9.5m | £3,989,783£4.0m | - | - | - | £5,255,925£5.3m | £7,101,626£7.1m |
| Operating result | -£3,761,188£3.8m | -£12,977,956£13.0m | -£25,347,584£25.3m | -£36,364,006£36.4m | -£43,516,226£43.5m | -£8,030,386£8.0m | -£23,497,576£23.5m |
| Pre-tax result | -£3,882,035£3.9m | -£13,064,437£13.1m | -£17,256,953£17.3m | -£35,656,661£35.7m | -£41,952,694£42.0m | £4,661,150£4.7m | -£15,034,948£15.0m |
| Wages to revenue | 126.5% | 158.2% | 149.8% | 234% | 211.5% | 76% | 119.3% |
What the wage bill covers
Staff costs are the whole payroll and not just the first team: players, coaching staff, the academy and everyone working at the ground. Reading paid £12m against £9.8m of revenue, so 127p of every pound went back out as pay.
League One revenue
The 13 clubs in the division whose accounts cover the same twelve months. Follow a club for its own finances.
Frequently asked questions
How much revenue do Reading make?
Reading turned over £9.8m in 2024/25.
What is the Reading wage bill?
Reading paid £12m in staff costs in 2024/25, which is 126.5% of revenue.
Do Reading make a profit?
Reading made a pre-tax loss of £3.9m in 2024/25.
The accounts behind these figures
Company number 00053703. Every set of accounts read for this page.
- 2024/25 accounts
- 2023/24 accounts
- 2022/23 accounts
- 2021/22 accounts
- 2020/21 accounts
- 2019/20 accounts
- 2018/19 accounts
- 2017/18 accounts
- 2016/17 accounts
Contains public sector information licensed under the Open Government Licence v3.0.