Southampton FC Record £33.5m Profit for 2014

English Premier League football club Southampton FC have announced a £33.4 million profit for the year ending June 30th 2014.

This represents a big turnaround for the club after they recorded a loss of £7.1m in 2013.

The club’s total revenue increased to £106m largely due to broadcasting income rising from £46.9m in 2012/13 to £79.4m in 2013/14.

The Saints’ commercial income was also up from £6.7m in 2012/13 to £8.3m in 2013/14.

Gareth Rogers, denture Chief Executive Officer, commented: “There are lots of positives to take from these financial results. Recording the first profit and positive net asset position for the first time since administration in 2009 is very pleasing. It shows the health of the club and the Group is strong and the foundations are there to be built on.

“Our focus remains on developing significant commercial growth which will support our vision to create a sustainable business model. We have a strong business plan in place and we’re already seeing the green shoots of that plan. We believe it is possible to be a well-managed, well-structured football club that is successful both on and off the pitch.”

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