Losses mount for MacAnthony’s Peterborough in spite of £4.7m from transfers
Covid hit led to accumulated losses of £16.5 million for football club co-owned by Irish property tycoon Darragh MacAnthony
Total losses at Peterborough United, the English football club co-owned by Irishman Darragh MacAnthony, rose to £16.5 million during the last Covid-hit seasons, despite millions in continued revenues from the past sale of players.
The latest accounts for Peterborough show the club made £4.7 million profit from “the disposal of player registrations”.
Peterborough sold Ivan Toney to Brentford in 2020. Brentford have since been promoted to the Premier League and Peterborough still benefit from follow-on ...