WATFORD spent their entire matchday revenue earned last season on sacking managers.
The Hornets have become renowned for their ruthlessness, axing Rob Edwards and Slaven Bilic just this season.
The Championship side have had 18 managers in the past decade – including three last season.
Roy Hodgson ultimately oversaw their relegation, although Xisco Munoz and Claudio Ranieri also had stints in charge.
According to the Watford Observer, accounts show that the Hornets shelled out a staggering £7.81million in manager termination payments.
This exceeds the £6.76m in matchday revenue the club brought in for games at Vicarage Road.
READ MORE FOOTBALL NEWS
Despite being in the Premier League last year, Watford made a loss of £18m.
Now managed by Chris Wilder, the Hornets are 11th in the Championship table.
Sitting six points off the play-offs with seven matches left to play, another season in the second-tier appears to be beckoning.
Should that be the case, Watford will likely feel pressure to sell top assets including Joao Pedro and Ismaila Sarr.
Most read in Football
HOW TO GET FREE BETS ON FOOTBALL
The Premier League has experienced a record number of manager sackings this season.
Graham Potter became the 12th English top flight manager to lose their job on Sunday, just hours after Brendan Rodgers was the 11th.
Scott Parker, Thomas Tuchel, Bruno Lage, Steven Gerrard, Ralph Hasenhuttl, Frank Lampard, Jesse Marsch, Nathan Jones, Patrick Vieira and Antonio Conte have all been shown the door.
Under-fire West Ham boss David Moyes could yet become the 13th, although SunSport understands he WILL take charge of this weekend’s trip to Fulham.
Lampard, meanwhile, is set to take caretaker charge of Chelsea until the end of the season – while the Blues assess other targets including Luis Enrique, Julian Nagelsmann and Antonio Conte.
Source: Soccer - thesun.co.uk