Football club makes £1.3m loss despite revenue boost
Southend United reported a £1.34 million loss for the 2024-25 season despite doubling their revenue to £5.1 million, largely due to £1.7 million in ticket sales from the previous year's play-off final. The club missed promotion to the Football League after a 1-0 defeat to Scunthorpe United in the play-offs. Chairman Justin Rees emphasized continued progress and looked ahead to the upcoming FA Trophy final against Wealdstone at Wembley.
- ▪Southend United's revenue for 2024-25 reached £5.1 million, up from the previous year.
- ▪The club recorded a £1.34 million loss despite the revenue increase.
- ▪Overheads are projected to rise to £1.89 million for the 2025-26 financial year.
- ▪Southend United lost 1-0 to Scunthorpe United in the 2026 play-off final, missing promotion.
- ▪The club is set to compete in the FA Trophy final against Wealdstone at Wembley on 17 May 2026.
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