Southampton FC - increased turnover, lower profit

[Giraffe]

A multimillion-pound increase in turnover and more than £29m in transfer income has helped Southampton FC to report "another year of positive financial performance".

The latest accounts of St Mary's Football Group Ltd, which incorporates Southampton FC, have revealed revenues of £124.3m for the financial year to 30 June 2016, up from £113.7m a year earlier.

This figure included £90.4m in broadcasting revenue and £18.9m from match day sales. There was also strong growth in commercial revenues.

The Premier League club posted a pre-tax profit of £5.9m, down from almost £15m in 2014/15 when the results were boosted by £41m in player sales.

Total group wages, including players, increased from £79.8m to almost £84.9m.

The club said their strategy has been to "strengthen and maintain a competitive first-team playing squad" in order to compete in multiple competitions, while simultaneously strengthening the overall operation of the club through investment in its non-playing staff and infrastructure.

Chief executive Gareth Rogers added: "During the financial year the club has continued to grow in respect of on-field results, strength of squad, financial position and internal infrastructure. Indeed, it’s this internal infrastructure, in particular the club’s outstanding staff, that has been the backbone of our growth.

"We keep on striving to turn potential into excellence in every facet of the organisation and these financial results provide a stable platform to continue on our pathway."

https://www.insidermedia.com/inside...ast_news_tracker&utm_medium=top_story_article

 

[Sussex Nomad]

Well run football club in recent years. Seem to sell all their better players (usually to the North West) and churn out more. Can't see them struggling any time soon in the Prem.

 

[Mellotron]

Any reason that can't be us in 5 years time?

 

[pishhead]

Any reason that can't be us in 5 years time?

Absolutely not. Their business model would be one that we will be aiming to replicate.

 

[Seasider78]

Any reason that can't be us in 5 years time?

The potential is there but southamptons academy has been producing top quality players for years which have contributed to significant player sales. Ours is still up and coming but in years to come should start producing

 

[Pavilionaire]

There's no doubt that they are the model for us to aspire to.

That said, it must be frustrating to see your club plateauing in mid-table while so many decent players and managers are coming and going. Just look at the talent they've lost in the last 3 years alone - Clyne, Shaw, Callum Chambers, Lovren, Wanyama, Schneiderlein, Lallana. Mane, Pelle, Lambert plus Pochettino and Koeman as coaches.

 

[Tom Hark Preston Park]

Any reason that can't be us in 5 years time?

Should have been us five years ago.

Just LOOK at the Premier League. It's completely LITTERED with crap cannon-fodder teams that we used to meet and beat on a regular basis. It's more than a bit pathetic really.

 

[Mr Putdown]

There's no doubt that they are the model for us to aspire to.

I thought you lot didn't approve of clubs wiping out their debt by going into administration?

 

[Mellotron]

Should have been us five years ago.

Just LOOK at the Premier League. It's completely LITTERED with crap cannon-fodder teams that we used to meet and beat on a regular basis. It's more than a bit pathetic really.

Agreed. I'm not saying we would definitely stay up if we went up but people are FAR too intimidated by the Prem. It is 70% fairly shit teams.

 

[el punal]

Should have been us five years ago.

Just LOOK at the Premier League. It's completely LITTERED with crap cannon-fodder teams that we used to meet and beat on a regular basis. It's more than a bit pathetic really.

Which bit is pathetic? Us, because we didn't go up five years ago or crap cannon-fodder teams?

 

[El Presidente]

I thought you lot didn't approve of clubs wiping out their debt by going into administration?

Any club that once had an owner called RUPERT is good by me.

 

[DavidinSouthampton]

There's no doubt that they are the model for us to aspire to.

That said, it must be frustrating to see your club plateauing in mid-table while so many decent players and managers are coming and going. Just look at the talent they've lost in the last 3 years alone - Clyne, Shaw, Callum Chambers, Lovren, Wanyama, Schneiderlein, Lallana. Mane, Pelle, Lambert plus Pochettino and Koeman as coaches.

And not many of those players were actually products of their academy - only 3, I think: Chambers, Shaw and Lallana.

 

[Icy Gull]

Any reason that can't be us in 5 years time?

Getting to the Premier League is by far the biggest hurdle imo. This club is so well run that I would expect us to do rather well if we get there.