Next Game

Vitesse A v So'ton

Thursday, 06 August 2015, 19:00

Europa League Qual Third Round

St. Mary's Stadium

Last Game

So'ton 3 - 0 Vitesse A

Thursday, 30 July 2015, 20:05

Europa League Qual Third Round

Southampton make a profit

Southampton made a £900,000 profit in their first six months back in the Premier League.

Last Updated: 08/03/13 at 10:01 Post Comment

Southampton make a profit in first six months back in top-flight

Southampton make a profit in first six months back in top-flight

Interim results for the first six months ending December 31, 2012 show total revenue, excluding player trading, nearly trebled to £33.1m from £11.6m, while average attendances rose 16 per cent to 30,372.

That means the percentage of money spent on wages has reduced to just 59 per cent of turnover - a big reduction on the previous full year.

Southampton's wages in the year ending June 30, 2012 represented 102 per cent of turnover after the removal of £5.3million of one-off bonus payments after promotion, with the club incurring a £2.4m loss in that period.

"Our first six months in the Barclays Premier League show the dramatic impact promotion has had on the club," chief financial officer Gareth Rogers said.

"However, the significant increase in turnover has not deterred us from our stated aim of financial prudence in the top division.

"I am delighted to report the club's first profit without the aid of player trading since 2005, which demonstrates that prudence in football can be achieved whilst significant investment, both on and off the field, is still being made."

Related News

Most Commented

Readers' Comments

Y

ou can't blame De Gea for wanting to leave, he has enough to do in front of goal as it is as well as taking on the role of Man Utd's version of Derek Acorah in trying to contact and organise a defence that isn't there.

rodger's gusset
Van Gaal downbeat on De Gea

I

f you want to take six points off Arsenal, then that's a great strike force. Can't imagine either of them showing much for the rest of the season though...

foot in mouth
Adebayor & Berbatov: You Have To Admire The Balls

L

ooks like Real get their man, most likely at their own valuation, yet again. Resistance is futile.

paul7702
Van Gaal downbeat on De Gea

Footer 365

Digne agent denies Liverpool talks

Lucas Digne's agent has denied reports he has held talks with Liverpool regarding a move to Anfield for the Paris Saint-Germain left-back.

Mourinho scuppered Reds' Costa move

A new biography has revealed how Jose Mourinho scuppered Liverpool's bid to sign Diego Costa - a year before he arrived in west London.

Ramos 'extends' Real Madrid contract

Manchester United's pursuit of Sergio Ramos is over after the centre-back agreed a new contract extension at Real Madrid.

Mail Box

De Gea Disrespectful? Remember RVP...

We got dozens of mails from people pointing and laughing at Brian D for suggesting David de Gea has acted disrespectfully; we printed some. And there's more...

Getting Tired Of De Gea's Disrespect

One Manchester United fan is growing weary of David de Gea's disrespect. Plus thoughts on Southampton's summer, Balotelli loan, and Depay in the centre. Why?

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company