Blackpool has reported a significant £4.3m loss for the financial year ending June 30, 2025, highlighting the ongoing financial struggles faced by the club in League One. This loss marks a steep increase from the previous year's deficit of £2.8m and reflects a worrying trend among EFL clubs. As the Seasiders prepare for a crucial match against Exeter City, they find themselves just a point above the relegation zone, intensifying the urgency of their situation. The financial woes are not isolated, as ten other League One clubs have also reported substantial losses, with an average deficit of £8.2m for the 2024-25 season. Blackpool's owner, Simon Sadler, who acquired the club in 2019, remains a vital source of financial support. However, auditors have raised concerns about the club's ability to continue as a going concern without his backing. The losses have been exacerbated by a 9.1% decline in revenues, attributed to an early exit from cup competitions and a decrease in sponsorship income. As Blackpool navigates these financial challenges, the club's future in League One hangs in the balance.