Monday, 22 October 2007, 12:45 GMT 13:45 UK
Forest announce deficit of £4.2m
Nottingham Forest have announced that they made a loss of £4.2m for the year ending 31 May 2007, compared to a deficit of £8m the previous season.
Turnover for the season was £9.2m, an increase of £1.3m, while staff costs were reduced from £9.5m to £8.3m.
Added to the trading loss of £2.6m, £1m was spent on players, with £600,000 on interest and loan repayments.
However, the club has estimated that each season they spend outside the Championship costs them £4m to £5m.
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