Southampton have reported a £76.1m loss in the Premier League club's latest set of financial results which have been hit by the Covid-19 pandemic. Parent company St Mary's Football Group Ltd announced a decrease in overall turnover down to £126.6m from £149.6m in 2019, with the net loss before tax up from £41m. With the suspension of the season from March 2020 until Project Restart, match-day revenue fell from £17m to £14.5m as games were played behind closed doors. Transfer business was also significantly impacted, with the summer window not opening until July 2020, which was after the latest financial year had ended. Southampton managing director Toby Steele said: "As with many companies and industries, the group is in the midst of a challenging financial environment due to the impact of the Covid-19 pandemic.

Source: Sky sports January 12, 2021 20:15 UTC