BARNSLEY FC posted a loss of £4million during their 2022/23 season – following relegation from the Championship.

The accounts published this week show the Reds incurred an operating loss of £5.9million but made £1.9million from player trading.

Turnover reduced by more than £5million from £15million to £9.5million, mainly due to the decrease in money from the EFL and TV deals because they were in League One.

Matchday income increased by almost half a million pounds, a 17 per cent rise, attributed to home attendances being about 2,000 higher on average than the relegation season, and the play-off campaign.

The shareholders injected £6million of equity into the club during the year ‘to ensure that the club was able to meet its ongoing financial commitments.’ The board have also put in a further £3.6million this season, according to the accounts statement.

The accounts period includes the sales of Carlton Morris, Cauley Woodrow, Callum Brittain and Michal Helik among others.

Not all of the fees for those players were received that season, as the deals are structured in instalments, while they also paid some fees for incoming players.