I'm not an accountant but do work in Finance. A cursory glance at these figures points to more systemic problems with Championship football rather than Bristol City itself. I don't know where the club's wage bill sits but I am guessing between 8th-12th. For a club with a average wage bill, significant income from player sales, strong average gates (probably around 8-10th in the league) and a steady commercial income to post this loss is worrying for other clubs as well as Bristol city.
It is increasingly apparent that the Championship is a closed shop with recently relegated sides either