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Interim consolidated statement of cash flows - unaudited - GBP (£)
£ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Cash flow from operating activities        
Cash used in operations £ (38,012) £ (56,633) £ (12,141) £ (53,014)
Interest paid (8,182) (4,595) (18,756) (14,223)
Interest received 223 59 572 77
Tax (paid)/refunded (561) (340) 5,256 (392)
Net cash outflow from operating activities (46,532) (61,509) (25,069) (67,552)
Cash flow from investing activities        
Payments for property, plant and equipment (2,811) (2,706) (11,840) (7,099)
Payments for intangible assets [1] (35,729) (29,868) (167,942) (129,892)
Proceeds from sale of intangible assets [1] 7,913 2,071 33,582 13,733
Net cash outflow from investing activities (30,627) (30,503) (146,200) (123,258)
Cash flow from financing activities        
Proceeds from borrowings 60,000 100,000 160,000 100,000
Principal elements of lease payments (300) (571) (500) (1,449)
Net cash inflow from financing activities 59,700 99,429 159,500 98,551
Effect of exchange rate changes on cash and cash equivalents (561) (649) (1,441) 2,081
Net (decrease)/increase in cash and cash equivalents (18,020) 6,768 (13,210) (90,178)
Cash and cash equivalents at beginning of period 80,829 24,277 76,019 121,223
Cash and cash equivalents at end of period £ 62,809 £ 31,045 £ 62,809 £ 31,045
[1] Payments and proceeds for intangible assets primarily relate to player and key football management staff registrations. When acquiring or selling players’ and key football management staff registrations it is normal industry practice for payment terms to spread over more than one year and consideration may also include non-cash items. Details of registrations additions and disposals are provided in Note 17. Trade payables in relation to the acquisition of registrations at the reporting date are provided in Note 25. Trade receivables in relation to the disposal of registrations at the reporting date are provided in Note 20.