Northampton Saints Profit Streak Extends to 12 Years

English Rugby club, Northampton Saints has posted a net profit for the 12th year running despite its turnover dipping slightly.

The Aviva Premiership club declared a net profit of £689,418 ($1.1m)  for the year to 31 May 2012 on sales of £12.8m ($20.3m), down from £13.2m ($20.9m) in the previous 12 months.

The club also recorded a pre-tax profit in the 2011 year of £801k ($1.27m).

Saints chief executive Allan Robson called the profit run “unprecedented” and “a unique record of which the directors are rightly proud”.

Robson identified a 97 per cent home attendance to capacity ratio and income generated by the team’s continued successes on the field as important features of the club’s financial performance.

He also reported a 30 per cent increase in turnover related to non-match day conference and events activities.

Chairman Leon Barwell added: “It is absolutely essential that we continue to sustain a strong and profitable business model so that the club can compete at the highest levels and be independently viable.”