Amex Stadium

Next Game

Brighton v Southampton

Thursday, 31 July 2014, 19:45

Friendly Match

Dean Court

Last Game

Bournemth 0 - 1 Southampton

Friday, 25 July 2014, 19:45

Friendly Match

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

Free £50 bet

Daily Offers and Promotions, sign up for a free £50 matched bet

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."

Free £50 bet

Daily Offers and Promotions, sign up for a free £50 matched bet

Related News

Most Commented

Readers' Comments

I

think all those names linked to United exits make sense. Kagawa has never really looked like hitting the form he had at Dortmund and Fellaini is radioactive after last season (even though I think he's been unfairly singled out for criticism). Nani and Anderson have had more than their fair share of chances so they are done, and Hernandez deserves better than warming a bench.

ted, manchester
The Insecure Gossip

H

e'll be off to Spurs (or better) in January and I don't blame him. Looking forward to re-signing Grant Holt as his replacement though.

notalentjones
Benteke ignoring speculation

I

n fairness, he does look absolutely shattered in that photo.....

FairyNuff
Shaw told to shape up

Footer 365

Champions League: John Collins claims Celtic will have to be at best to get past Legia Warsaw

John Collins says Legia Warsaw pose a huge threat to his dream of Champions League football with Celtic this season.

Premier League: Daniel Sturridge confident Liverpool can shine without Luis Suarez

Daniel Sturridge believes Liverpool have the squad to handle Luis Suarez's exit and will challenge for top honours.

Transfer news: Simon Mignolet backs Liverpool target Divock Origi and welcomes Pepe Reina return

Liverpool are closing in on Divock Origi and the Belgium youngster has been tipped to shine in the Premier League.

Mail Box

Don't You Worry About Southampton...

We can't help but agree with one mailboxer who tries to calm the crisis-mongers gathering around Southampton, while we have mails on Man United's squad...

No Wonder Wenger Doesn't Buy British

That's if reports that Calum Chambers cost Arsenal £16m are to be believed. The English premium shows no signs of disappearing. Plus, worrying about poor Southampton...

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