| Club Accounts |
| Season 4 June 05- Feb 06 |
| Operating profit/loss Gate reciepts �900k Directors Injection �3m Sponsorships �3m Players sold �1.1m SLFA sales �500k TOTAL �8.4m Players Wages -�1.6m Training Staff -�1.28m Ground & training facilities -�200k International Scout -�215k Youth Team - �260k TOTAL -�3.55m PROFIT/LOSS = �4.85m |
| Report Whilst this may look encouraging at first examination - it actually does not show the true situation. The operating profit/loss of the club stands at -�2.1m due to the fact that the club's only operating income is from gate receipts and youth team slfa sales. At a purely operational level - the club made a loss of �2.1m. This is gate receipts plus slfa sales (�900k+�500k) against all the costs of running the club at -�3.55m. The director's injection and sponsorship deals, along with player sales are merely Miscellaneous Revenues that cannot be depended on. The true reflection of a clubs financial health is its operating incomes minus expeditures. This reflects the strength and health of the club. |
| Club Growth During the season, the clubs assets (players, cash, ground, ground facilities, training facilities & treatment facilities) rose from �34m to �39.4m - a growth of �5.4m. This represents a 16% growth of the club in purely financial terms. The average attendance remained the same roughly throughout the year at around 6,800. the average gate receipts were around �70,000 per home game - largely due to the exec boxes income from stage one of the ground re-development. |
 |
|