Tranmere sale 'agreed' says Palios as club files accounts and reports £1.7m loss
Source: Wirral Globe
Published 1 week ago
Today (Wednesday, March 25) Rovers posted their accounts on Companies House covering the 12 months up to June 30 2025.
Figures show the club suffered a fall in revenues from £6m to £5.8m with pre-tax losses widening to £2.9m from £1.4m last year. Net assets totalled £14.7m, down from £16.7m.
Mr Palios, who owns the Wirral club along with his wife Nicola Palios, said: “The decision was taken to increase the clubs playing budget by £700,000 in order to improve the teams competitiveness in anticipation of an imminent sale of the club. As a result the group’s cash operating loss widened to £1.7m.
He added: "Unfortunately, the 24/25 season demonstrated how an increased playing budget does not always lead to an improvement in on pitch performances."
In February 2025 then-manager Nigel Adkins left Rovers by mutual agreement just 15 months after taking charge following a winless run of 10 League Two matches.
Coach Andy Crosby took temporary charge and steered Rovers to safety with the upturn in results leading to his appointment on a permanent basis.
Throughout the season speculation grew about the identity of the...
Continue Reading: Tranmere sale 'agreed' says Palios as club files accounts and reports £1.7m loss
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