The Hawthorns

Next Game

West Brom v Hull City

Wednesday, 24 September 2014, 20:00

Capital One Cup Third Round

White Hart Lane

Last Game

Tottenham 0 - 1 West Brom

Sunday, 21 September 2014, 13:30

Barclays Prem

Albion reveal reduced profit

West Brom have announced a pre-tax profit of £1.5m for the year ending 30 June 2012.

Last Updated: 12/03/13 at 12:23 Post Comment

Shane Long: Arrival from Reading had impact on West Brom's accounts

Shane Long: Arrival from Reading had impact on West Brom's accounts

That figure represents a drop in surplus from the £9.1m for the equivalent period 12 months earlier and takes into account the £6m signing of Shane Long from Reading in the summer of 2011.

Turnover was up to a record £66.7m, 74% of which was paid out in salaries, while the club's net debt has been reduced from £2m to just £500,000.

Club chief executive Mark Jenkins said in a statement: "The club has continued to invest in its playing squad, both in transfer fees and wages and total salaries now exceed £50m per year.

"However, with careful budgeting and tight financial controls, we have managed to match our revenue to our costs and record a pre-tax profit of £1.5m."

The financial report is the first full set of accounts released by West Bromwich Albion Group Ltd since its formation in August 2010.

Related News

Most Commented

Readers' Comments

H

e deserved respect for forging a successful football career despite being, clearly, made from balsa wood.

Nutboy
Wenger: Diaby deserves respect

L

iverpool should put in a bid for Barkley. As cheeky as it may sound, only he looks capable enough to replace Gerrard.

paulay8
Gerrard's Decay Becoming Sadly Apparent

M

y emotions were not mixed. Super professional that he is. I will never look at you the same way Frank. Love affair over.

gittoplo
Lampard: Mixed emotions

Footer 365

Rio: Fergie exit hit RvP hardest

Rio Ferdinand has claimed Robin van Persie was the player who suffered the most after Sir Alex Ferguson's retirement as Man United manager.

Transfer news: Frank Lampard's Manchester City loan spell could be extended

Frank Lampard's loan spell with Manchester City could be extended into February next year, according to Sky sources.

FIFA tightens concussion rules after World Cup incidents

Players suffering suspected concussion will have to be cleared by team doctors, under new FIFA proposals.

Mail Box

Should Gerrard Play Further Forward?

That's one shout in a mailbox that recalls Rafa Benitez saying the Liverpool man would one day end up as a striker. Plus, thoughts on Rooney and 500 words on Ipswich...

Will Rodgers Finally Drop Gerrard?

The mailbox wants to know if Brendan Rodgers has the stones to drop Steven Gerrard. Plus, thoughts on Wayne Rooney's display, sitting down, and thanking United fans...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property