Villa Park

Next Game

A Villa v Southampton

Saturday, 19 April 2014, 15:00

Barclays Prem

St. Mary's Stadium

Last Game

Southampton 0 - 1 Cardiff

Saturday, 12 April 2014, 15:07

Barclays Prem

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."

Football365 Facebook Fan Page

The Football365 fan page is a great place to meet like minded people, have football related discussions and make new friends.

Related News

Sky Bet

    • Retrieving latest Sky Bet odds

Most Commented

Readers' Comments

H

e was right to leave, but not just because of the money City were coming into. If I remember rightly he had a reasonable amount of chances to shine at City, but he never passed the bloody ball. Loads of aimless dribbles and 40 yard shots and not much else. I would say that if he had learnt to be a bit more of a team player he may have done better at City.

bright and edgy
Sturridge: Right to leave City

O

h! And.... has it gone in!?' Well John, it is quite literally your job to tell me, so stop phrasing it as a question.

ajsr1982
Eye On The Experts: John Motson

M

an who resembles bond villain complains about spies ....brillliant

mrjackson
Palace deny spying accusation

Footer 365

Premier League: Manchester City boss Manuel Pellegrini stands by selection

Manchester City boss Manuel Pellegrini insists he has no regrets about starting Vincent Kompany at Liverpool on Sunday.

Premier League: Everton's strong mentality key for Roberto Martinez

Roberto Martinez believes Everton's strong mentality could be a crucial factor in the battle for fourth place.

Luton Town promoted to Football League after winning Conference Premier title

Luton Town have won promotion from the Conference Premier - ending a five-year absence from the Football League.

Mail Box

Worried Liverpool Will Become A Selling Club

Liverpool fans in the mailbox are not too worried about sour grapes from United supporters, but one admits he's scared the Reds could end up selling their best players...

United Should Have Gone For Bruce And Hughes

A mailbox asking why United did not go for two old boys over Moyes, what Wenger's targets were for the season and whether he's had a better season than Pellegrini..?

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