St. Mary's Stadium

Next Game

So'ton v Swansea

Sunday, 01 February 2015, 16:00

Barclays Prem

St. Mary's Stadium

Last Game

So'ton 2 - 3 C Palace

Saturday, 24 January 2015, 15:00

The FA Cup Fourth 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

I

was there, it was embarrassing - the team looked totally unbalanced from the off, the defence was woeful and when Mikel came off injured it got even worse with nobody in front of them. Up front on several occasions we had opportunities and nobody would shoot - it was a complete farse! On the back of Salah's performance I'm glad there is talk of getting shot...

Fly1ngh1gh
Cup defeat shames Mourinho

G

reat to see Tommy Rosicky getting some love. A wonderful player. Such a pity we lost so long to injury. I was so excited when we signed him, this resurgence only makes the absences seem more of a lost opportunity.

cheshire-gooner
16 Conclusions: FA Cup Fourth Round Weekend

A

pparently Chiles has blamed Twitter trolls for his exit. Proof that even the worst things can get great results at times.

cheshire-gooner
Adrian Chiles to leave ITV

Footer 365

Capital One Cup semi-final second leg team news: Chelsea v Liverpool preview

Team news for Tuesday's Capital One Cup semi-final second leg between Chelsea and Liverpool at Stamford Bridge.

Leyton Orient part company with sporting director Mauro Milanese

League One club Leyton Orient have parted company with sporting director Mauro Milanese, according to Sky sources.

International: Former Argentina, Boca, Barcelona, Villareal midfielder Juan Roman Riquelme retires

Former Argentina international Juan Roman Riquelme has retired from football at the age of 36.

Mail Box

You're Man Utd, For Crying Out Loud!

Defending a 0-0 draw with Cambridge on the grounds that other teams lost to lower-league opposition is not befitting of Man United. We're inclined to agree with Mailboxers...

A Massive Mailbox On A Weekend Of Wonder

We unsurprisingly have plenty of mails on a wonderful FA Cup weekend, including thoughts on Palace, Van Gaal, Phil Jones, Chelsea, Mourinho and Yaya Toure...

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