Blackpool has reported a significant £4.3m loss for the financial year ending June 30, 2025. 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 key 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 handles these financial challenges, the club's future in League One hangs in the balance.