**Luton Town has announced the club’s financial statements for the year ended 30 June 2025, which relate to the 2024/25 EFL Championship season.**
The accounts reflect the financial impact of relegation from the Premier League, with turnover reducing to £66.8m from £132.3m in the prior year. Operating costs also reduced by £17.9m, principally due to relegation clauses in all player contracts.
The scale of overall operations remained comparable with that of other Championship clubs, therefore administrative expenses were relatively static. The club recorded an operating profit of £17.1m, driven by the first year Premier League parachute payment and significant player trading activity during the summer of 2024.
All profits were reinvested into player acquisitions, the Power Court stadium project and long‑term strategic investment. For full transparency, it should be noted that no dividends have been paid to Directors from the club’s profits.
The club continues to prioritise financial sustainability, with relegation clauses helping manage wage costs and parachute payments supporting long‑term stability. This is reflected in the wage to turnover ratio which only increased by 16% year on year.
Net assets increased to £41.9m (2024: £27.6m), reflecting strong liquidity and careful working capital management. The club will meet with the Supporters’ Trust in due course for its annual financial review meeting.
A summary of financial results is provided below:
**2025 (£'000)**
**2024 (£'000)**
Turnover
66,823
132,322
Operating Costs
(66,962)
(84,881)
Other Operating Income
68
225
Profit/(loss) before player trading
(71)
47,666
Player trading
17,218
1,216
Operating profit
17,147
48,883
Net book value of intangible assets
29,308
22,293
Average football league attendance
11,552
11,276
All‑staff wages to turnover ratio
59%
43%
[Click here to view the full accounts available on Companies House](https://find-and-update.company-information.service.gov.uk/company/06133975/filing-history).