Steve Gibson continues to plough money into Middlesbrough and he has secured a scant return. The club owes him a total of £94m.
The accounts for 2016/17 published online at Companies House cover the year in the Premier League. Turnover went up from £21.6m to £121.4m. There was an operating loss of £4.1m, but a profit of £11.3m on the sale of player registrations resulted in a £11.5m profit compared with a loss of £25.9m the previous year.
Broadcasting revenues went up from £5.1m to £100.6m and accounted for 83 per cent of all revenues. Sponsorship and commercial increased from £4.9m to £8.1m. Gate receipts increased from £7.3m to £8.7m.
Total staff costs were a healthy 53 per cent of turnover and the third lowest in the division.
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