Thursday, December 18, 2008

Everton makes a teeny tiny profit

But a profit nonetheless.

Everton announce record turnover

Everton have revealed a record turnover of £75.7m and a slight pre-tax profit in their latest financial results.

Revenue for the financial year ending 31 May 2008 increased by 47% compared to the previous 12-month period.

A profit of £6.8m compares to a loss of £500,000 the year before, but transfers reduced pre-tax profits to £260,000, although last year £9.4m was lost.

Pretty decent really, but you'd expect that considering how good a season we had in 07/08...we obviously benefitted from the EUFA Cup and League Cup runs. You'd wonder what next years will be like given the fact that everyone is feeling the pinch and football grounds in general seem a lot emptier than they have done in ages.

In other news it seems James Vaughan has finally undergone his knee operation (how many players are that unlucky that their surgeon get's injuries as well?). Please, please, please let him get back fit again. Not really for Everton, just for him...he's such a good young player and he's been desperately unlucky over the years. You just fear that he'll never really get himself fit enough for long enough to establish himself. He's got all the skill & talent you need, now he just needs games.

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