FAW posts loss for 2025 despite record revenue

FAW posts loss for 2025 despite record revenueImage source, Huw Evans Picture AgencyImage caption, The Football Association of Wales is celebrating its 150th anniversary in 2026ByDafydd PritchardBBC Sport WalesPublished7 minutes agoThe Football Association of Wales made a loss of £3.4m for the year ending June 2025 despite posting record turnover.After making a profit of £1.1m for the year ending June 2024, revenue for the following 12 months rose from £32.4m to £40.6m.That was a result of increases in funding from sources such as Uefa, the UK Government and the FAW's coaching education programme.Administrative expenses rose by nearly £10m to £32.8m, contributing to an operating loss of £5m.Net assets were £11.9m, with cash reserves of £16.1m, up nearly £5m.The accounts for the year ending June 2025 were available to view on Companies House from Wednesday night, two weeks after the FAW published a statement about them.The FAW described it as "a period of strategic investment and accelerated growth", helped by the women's national team qualifying for their first major tournament, Euro 2025, in December 2024.Wales to face Romania in summer friendlyPublished2 days agoCardiff City Stadium to host Wales' autumn gamesPublished7 days agoWales must take care of own business - Wilkinson Published1 day agoThe governing body also listed the men's team winning their Nations League group, increased Uefa funding for the expansion of the Cymru Premier and additional financial support from the Welsh Government to expand the FAW headquarters as reasons for the increased turnover.In its statement, the FAW added: "The FAW generated an operating loss of £5.0m, primarily due to a conscious decision to invest across all areas of Welsh football, supported by the visibility of Euro 2028 hosting fees."The net loss after tax of £3.4m was a result of healthy returns from investments, together with deferred tax movements relating to the transfer of the i...