DERBY COUNTY’S 2024/25 FINANCIAL REVEAL: A SEASON OF STABILITY, GROWTH, AND CAUTION ⚫⚪
Derby County has officially released its financial report for the year ending June 2025 — and it paints a picture of both progress and prudence at Pride Park. Under the ownership of Clowes Developments (UK) Limited, now in its third year at the helm, the Rams have managed to strike a delicate balance between ambition and sustainability in an era where financial discipline is crucial for survival in English football.
The headline figure — a loss of £11.3 million, down from £14.2 million the previous year — tells a story of improvement. While the club is not yet in profit, the reduction in losses shows that Derby is slowly stabilizing its finances after years of turmoil and uncertainty. This marks a significant step forward, especially considering the challenges that come with re-establishing themselves in the Sky Bet Championship following promotion just a year prior.
One of the most encouraging figures in the report is the substantial rise in revenue, which jumped from £19.4 million to £31.9 million. The increase was largely powered by broadcast income, which soared to £12 million, up from just £2.9 million the previous year. This boost reflects the financial rewards of competing in the Championship compared to League One, offering Derby a more stable platform to rebuild.
Meanwhile, ticketing, hospitality, and sponsorship revenues climbed by an impressive 24%, totaling £18.3 million. With an average home attendance of 29,018, Derby County ranked among the top four clubs in the Championship for crowd size — a powerful testament to the unwavering loyalty of their supporters. The fans continue to be the backbone of the club’s recovery, filling Pride Park with passion and belief even through challenging times.
In terms of squad investment, the Rams spent around £12 million in the transfer market during the reporting period, bringing in key names such as Ebou Adams, Kenzo Goudjmin, Jacob Widell Zetterström, Sondre Langås, Lars-Jørgen Salvesen, and Carlton Morris. These additions represent a calculated approach to team strengthening — competitive but controlled. Further spending of £10.9 million occurred after July 1st, which will be reflected in the next financial year’s accounts.
On the other hand, Derby also benefited from transfer income, thanks to player sales and sell-on clauses involving former players like Eiran Cashin, Liam Delap, Jayden Bogle, Morgan Whittaker, and Jason Knight. This recycling of assets has been vital in offsetting costs and aligning with the club’s commitment to living within its means.
The report also notes a net liability of £44.9 million, up from £33.6 million in 2024, primarily attributed to owner-funded cash injections — essential support from Clowes Developments to keep operations steady. Despite this, Derby maintains a healthy Profit and Sustainability (P&S) position, with £25.3 million of headroom over the three-year assessment period.
Most importantly, the club reaffirmed its financial philosophy: no return to the “boom or bust” era that nearly destroyed Derby County in the past. Every decision is made with caution and transparency. The Supporters’ Board reviewed the full accounts and auditor’s report before release, ensuring fans remain informed and engaged in the club’s direction.
In summary, Derby County’s latest financial report signals a club rebuilding with discipline, growing with purpose, and learning from its past mistakes. While challenges remain, the numbers reflect a brighter, more sustainable future for the Rams — one step, one season at a time.
