League Two club finances and accounts
The 17 League Two clubs we hold accounts for turned over £105m between them. We hold a wage bill for 10 of them, and those clubs paid £55m 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 | £10,518,506£10.5m | - | - | -£4.6m | 2024/25 |
| 2 | Walsall | £8,226,000£8.2m | £5,879,000£5.9m | 71.5% | -£2.0m | 2024/25 |
| 3 | Bristol Rovers | £8,105,026£8.1m | £8,905,152£8.9m | 109.9% | -£7.0m | 2024/25 |
| 4 | Chesterfield | £7,804,088£7.8m | £6,043,560£6.0m | 77.4% | -£2.4m | 2024/25 |
| 5 | Gillingham | £7,530,515£7.5m | £6,765,924£6.8m | 89.8% | -£5.7m | 2024/25 |
| 6 | Fleetwood Town | £7,290,277£7.3m | - | - | - | 2021/22 |
| 7 | Shrewsbury Town | £7,214,063£7.2m | £5,352,978£5.4m | 74.2% | -£927k | 2024/25 |
| 8 | Northampton Town | £6,798,652£6.8m | £5,921,816£5.9m | 87.1% | -£2.6m | 2024/25 |
| 9 | Exeter City | £6,568,952£6.6m | £5,132,963£5.1m | 78.1% | £182k | 2023/24 |
| 10 | Swindon Town | £6,033,097£6.0m | - | - | £76k | 2022/23 |
| 11 | Tranmere Rovers | £5,763,379£5.8m | £4,935,782£4.9m | 85.6% | -£2.9m | 2024/25 |
| 12 | Crewe Alexandra | £5,336,163£5.3m | £4,301,295£4.3m | 80.6% | -£1.2m | 2024/25 |
| 13 | York City | £3,846,725£3.8m | £1,886,996£1.9m | 49.1% | - | 2022/23 |
| 14 | Newport County | £3,463,092£3.5m | - | - | -£913k | 2022/23 |
| 15 | Crawley Town | £3,446,040£3.4m | - | - | £198k | 2018/19 |
| 16 | Grimsby Town | £3,430,822£3.4m | - | - | £164k | 2018/19 |
| 17 | Barnet | £3,218,209£3.2m | - | - | £60k | 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 | £6,151,507,725£6.15bn |
| Championship | 24 | £1,082,347,174£1.08bn |
| League One | 19 | £447,356,683£447.4m |
| Scottish Premiership | 11 | £317,109,840£317.1m |
Frequently asked questions
Which League Two club earns the most?
Rotherham United is the biggest club in League Two we hold accounts for, on £11m 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.