Priestfield Stadium

Next Game

Gillingham v Peterboro

Tuesday, 16 September 2014, 19:45

Sky Bet League 1

London Road Ground

Last Game

Peterboro 0 - 0 Notts Co

Saturday, 13 September 2014, 15:00

Sky Bet League 1

Peterborough report a profit

Peterborough have reported a profit of just over £3.5million for the year ending May 2012.

Last Updated: 25/03/13 at 13:16 Post Comment

Darragh MacAnthony: Celebrates news of profit

Darragh MacAnthony: Celebrates news of profit

Player sales, most notably the £2.5million transfer of striker Craig Mackail-Smith to Brighton, are the main reason for the £3,619,719 profit.

The figure represents a huge improvement on the previous year, when Posh recorded a loss of £2.775,205.

The directors' report which accompanies the accounts suggests that player sales, along with the club maintaining its npower Championship status, is crucial to Peterborough's future financial well-being.

The accounts also confirm that Posh remain indebted financially to chairman Darragh MacAnthony.

"The creditable balance is mainly due to the considered transfer movement with this being essential to the future long-term sustainability of the football club," read the report.

"The directors run the company positively and prudently. Budgets and projections indicate that for the current season the company expects to break even, prior to any player transfers.

"The club also continues to invest in its first-team playing squad with the aim of providing a competitive team to maintain its current position in the second tier of English football. This continuing commitment is underpinned by the positive support of the chairman which also encompasses the new stadium, planning and development.

"The directors consider that the principle challenge facing the company is the performance and divisional status of Peterborough United Football Club. The implications this has on the club's ability to generate revenue streams are significant. In light of this risk, the company remains dependent on its parent company, DMA Holdings S.A."

Related News

Most Commented

Readers' Comments

C

an we get one on the similarities between this year's Arsenal and 5 years ago. Or any other number you care to pick frankly...it shouldn't be hard.

mc1728
Liverpool: Five Similiarities Five Years On

R

icky van Wolfswinkel's remarkable record of one goal from one game at least deserves an honourable mention. And I'm willing to bet that at least one of Costa, Ulloa or Enner Valencia will earn a place on the list by the end of the season. Probably not Costa

stevenjameshyde
Top Ten PL Strikers Who Started Like A Train...

I

will also give up birthday Christmas and bacon for this to happen

badwolf
Ronaldo return ‘in place’

Footer 365

Premier League: Jose Mourinho confirms Eden Hazard's Chelsea contract talks ongoing

Jose Mourinho is confident Eden Hazard will commit his future to Chelsea, with talks ongoing over a contract extension.

Daley Blind backs Louis van Gaal's brutally honest approach at Manchester United

Daley Blind says Manchester United boss Louis van Gaal's brutally honest manner is good for team-building.

Premier League: Manchester United winger Angel di Maria delighted with Old Trafford bow

Manchester United winger Angel di Maria was delighted with his Old Trafford debut after the 4-0 win over QPR.

Mail Box

Who's More Miserable - Baggies Or Mags?

There's not a lot to choose between the misery of West Brom fans and the misery of Newcastle fans. We have mails on them, 'only QPR' and lots on Man United...

Forget it, Ronaldo Won't Come Back

A varied morning mailbox, with thoughts on Ronaldo, Daley Blind = Michael Carrick, Ed Woodward redemption, stick with Pardew, QPR's name change and marbles...

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