Walsall Announce Twelfth Successive Annual Trading Profit

Walsall Football Club officials have today released the annual financial statement for the year ending 31st May 2017, revealing a pre-tax profit of around £215,000.
Walsall Football Club officials have released the club's annual financial statement, which reveals a trading profit for the year ended May 31, 2017 of £215,000, down over £200,000 when compared to the previous year.

The report also revealed that match receipts are down by £425,000 to £1,081,000 compared to the £1,506,000 the club achieved in 2016.

Annual rent of Banks's Stadium, the club's Essington Training Ground, overflow car park and machinery has gone up by £49,000 to £449,000 while overall debt has decreased year-on-year.

As of 31st May 2017 Walsall FC employed a total of 128 people, with 82 of them being part of the club's playing and coaching staff. While the debt owed to club Chairman Jeff Bonser has gone down from the £1,399,214 announced in 2016 to £1,111,153 for the most recent financial year.

In a statement, released via Chairman Jeff Bonser haile the latest results, he said; "I am delighted to once again be able to announce a trading profit, this time of £215,000. In addition to this our borrowings have been significantly reduced over the year.

"On behalf of everyone at Walsall Football Club, I would like to say a big thank you to the supporters. As always, they have been exceptional and I would like to assure them all that all of our efforts are focused on giving them a team and a club to be proud of."

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