Explained: All the key numbers from Cobblers' accounts - and what they actually mean

Cobblers filed their annual accounts for 2024/25 this afternoon but as always there’s so many numbers and so much to wade through that it’s difficult to cut through the noise and understand what it all actually means.

With that in mind, we’ve gone through the various details and summarised the key figures here…

5. Loans (debt) - £13.5m (up from £11.4m)

Money the club owes — almost entirely to the owners/related companies. These are interest-free and don’t have fixed repayment dates Photo: Pete Norton

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6. Net liabilities - £10.7m (up from £7.7m)

What the club owes minus what it owns. Being negative means the club owes more than it owns overall, which is common in football but highlights reliance on funding Photo: Pete Norton

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7. Average attendance - 6,629 (down from 6,841)

Slight drop in crowds, possibly impacted by the new TV deal which was introduced last season Photo: Pete Norton

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8. Cost of sales - £9.28million (up from £7.81m)

These are core football costs and mainly player-related. The big increase reflects the higher playing budget and general inflation in the game. The club also spent £73,500 on player registrations. Liam Shaw was one player signed for an 'undisclosed fee' last January. Photo: Pete Norton

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