York City boss Terry Dolan is unlikely to tap into the Jonathan Greening cash.

The Minstermen's shrewd dealings with Premiership champions Manchester United netted a further sell-on total of £287,500 from Greening's £2million move to tonight's North Riding Senior Cup final opponents Middlesbrough.

As revealed in later editions of the Evening Press yesterday that cash will be split into two halves - one already winging its way to Bootham Crescent, the rest to be paid to the club in just under a year's time.

But the cash is earmarked to balance the books and will not be available to the City boss.

Asked whether he could expect his transfer fund to be swelled Dolan told the Evening Press: "I would doubt that. As far as I know none of that (money) has been finalised for transfers."

Meanwhile, City lost a quarter of their income in the season they were relegated to Division Three in 1999/00 it was revealed today.

Yorkshire clubs like City are acting as the barometer for a sport in which changing divisions can bring financial trouble or unheralded riches.

The 2001 Deloitte & Touche Annual Review of Football Finance shows that Yorkshire clubs epitomise the 'yo-yo' effect of relegation and promotion in modern football, with Bradford City's visit to the Premier League boosting income by 170 per cent - while York City, banished to the Third, lost nearly a quarter of its income.

Statistics from the report also show the advantage of sustained success in the Premier League, with Leeds United boosting its income by more than half in the 1999/2000 season, and recording some of the highest profits and net asset rankings in the industry.

Figures like this helped England's 92 professional clubs pull in more than £1bn in income during the season - the highest in the world and due to increase even further when the new television broadcasting deals take effect. However, the report points out that spending often outstrips any increased revenue, leading to potentially unsustainable losses for many clubs.

Paul Rawnsley, a York City supporter, is one of the report's authors. He said: "English football's income for 1999/00 grew by £128 million (up 13 per cent) to £1,078 million. But overall operating costs rose by £188 million, £127 million of which represented the jump in clubs' total bills for wages and salaries."

The report analysed the performance of individual clubs and the industry as a whole, based on the latest available financial statements of football's professional clubs for the 1999/2000 season.

The performance of Yorkshire clubs makes for interesting reading:

* Winners in income generation were Bradford City (up 170 per cent) and Leeds United (up 54 per cent - benefiting from their UEFA Cup semi-final and their high ranking in the Premier League).

* Losers were Sheffield Wednesday (down six per cent in their relegation season from the Premier League); Sheffield United (down 10 per cent and suffering from 'staying put' in Division One); York City (down 23 per cent after drop in Division Three).

* Clubs in the top 10 for operating profits included Leeds United (fifth highest in the industry at £7.4m - and seventh for pre-tax profits at £1.2m) and Bradford City (seventh highest at £5.3m).

* Huddersfield Town registered the industry's eighth largest operating loss of £4.2m, and the 10th largest pre-tax loss of £4.6m - a marked worsening of its position in the rankings from the previous season.

* Clubs where total wages outstrip turnover include Sheffield United (where the ratio is 106 per cent) and York City (144 per cent). Clubs where the wages to turnover ratio are causing 'concern' include Sheffield Wednesday, running a wages bill at 80 per cent turnover and Rotherham 97 per cent of turnover.

* Leeds United has an 'excellent' wages to turnover ratio of 49 per cent.

* Yorkshire clubs are also big spenders in the transfer market: Leeds United was the fifth biggest spender in the Premier League over the past five years with net spending of £43.8m; in the Football League Barnsley was the sixth biggest spender at £7.5m (net) and Huddersfield Town, ninth at £3.2m (net).

* Big spending can bring debt, however, and Leeds United increased its net debt by £11.6m to £21m, making it the tenth highest in English football. Sheffield Wednesday's debt is up to £16.3m (14th) while Huddersfield Town's net debt climbed by £5.5m to bring it to fifth in Division One at £10.3m. Sheffield United was seventh in Division One with a net debt of £8.8m.

* Leeds United was ranked seventh in terms of net assets, with £38.9m while Huddersfield Town came fifth in the table of clubs ranked by net liabilities with a negative balance of £6.2m.

England's 92 professional clubs made an overall operating loss - the financial result of the day-to-day running of the club before transfer fees and financing costs - of £59 million. Premier League Clubs' operating profits were £53 million - the same level as 1995/96, despite incomes doubling in the period since then. Football League Clubs suffered record losses of £112 million.

Updated: 12:25 Tuesday, August 14, 2001