First posted on PATREON and SUBSTACK
By JOHN DAVIDSON
YORK Knights’ net liabilities more than doubled to £2.515 million and its profit and loss deficit increased to £2.525 million during 2025, according to the club’s latest accounts.
The accounts of York City Knights Limited can be viewed on Companies House. They show that last year the club’s creditors increased from £1.43 million to £3.15 million, while long-term creditors rose from £1.094m to £2.128m.
According to the accounts, bank loans accounted for almost all of the long-term figure, rising from £1.07 million to £2.12 million.
The Knights’ average number of employees increased from 85 in 2024 to 88 in 2025.
While in the Championship last season, York’s accumulated profit and loss deficit increased from £1.026 million to £2.525 million. The accounts do not reveal York’s turnover or annual profit or loss.
The Knights finished top of the second division in the regular season last year, losing to Toulouse in the grand final.
They were promoted into Super League in 2026 and currently sit in 10th place on the ladder with one round left.
In June The i-Paper revealed that York had asked and received an advance of their monthly central distribution payment of £50,000 from Rugby League Commercial.
This year the club will only receive £650,000 in central distribution, half of what 12 of the Super League clubs receive, apart from Toulouse. They are believed to have one of, if not the lowest, spending levels of the salary cap this season.
At the end of last month a consortium headed by local businessman David Dickson, his family and wife Sara Shepherd, bought the Super League club for an undisclosed amount from chairman Clint Goodchild, with plans for investment.
Shepherd is a member of the York-based Shepherd family, who are worth an estimated £1.3 billion.
