| Club Accounts |
| Season 5 March'06 to October '06 |
| Operating profit/loss Gate reciepts �1.5m Directors Injection �3m Sponsorships �0 Players sold �3.2m youth sales �4m TOTAL �11.7m Players bought � -7m Players Wages -�1.6m Training Staff -�1.28m Ground & training facilities -�4.5m International Scout -�215k Youth Team - �260k TOTAL -�14.8m PROFIT/LOSS = �- 3.1m |
| Report The accounts of this season were all about recovery. The first half year accounts showed the club was due to make an operating loss of around �3.5m. This was seen as totally unacceptable if the club had to compete in the transfer market to replace an aging defence. so, halfway through the season, the club made massive reductions in the training wage bills and moved the club to operate on a break even basis. Bearing in mind this was halfway through the season, the club made an operating loss around �3.1m. 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 �39.4m to �47.7m- a growth of �8.3m. This represents a 21% growth of the club in purely financial terms. The average attendance remained the same roughly throughout the year at around 7,000. the average gate receipts were around �100,000 per home game - largely due to the exec boxes income increasefrom stage two of the ground re-development. |
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