Fresh £1.4m investment into Preston North End ahead of summer transfer window

A further £1.4million has been invested into Preston North End, according to figures on Companies House.

Released on Thursday morning, the documents show that the Lilywhites received another financial injection on May 8. The previous investment of £800k, in April, was made public in early May. Money was also pumped into PNE in December, November, October and September.

The statements of capital via allotment of shares can be viewed online. Chairman Craig Hemmings and the family continue to support PNE in the same way as his late father, Trevor. Shares do not count as debt, unlike cash payments.

And a premium of £1,001 per share is paid, with the latest investment the third of 2024. As per the club's accounts for 2022/23, £10.6m was received from Grovemoor Limited while £6.7m more in interest free loans has been put in since the year end.

Last month, Hemmings said in a club update: ‘As I have said before, we know we do not get every single decision right. What club does? But I assure you we strive every day to improve. To improve the stadium facilities, to improve the hospitality, to improve the matchday experience, to improve the facilities and backroom support for the players, coaches, and management.

‘We continually strive to improve the squad, whether through improved focus on the Academy (and a route through to the first team) or through scouting potential new players. Our goal remains trying to gain promotion to the Premier League. We will continue to focus on this, but at no time will we do so in a way that risks the long-term future of the club or the unique PNE heritage and legacy.’