Yeovil Town turned a £449k operating loss in 2015/16 into an operating profit of £29k in 2016/17. Chairman John Fry said: 'In an age where many clubs make significant losses or operate in an unsustainable way, we have taken steps not only to manage the club’s finances responsibly but also to reinvest wisely when extra income is generated. This surplus, plus the recent signings, have been made as a result of our cup run income and underlines our intent to start climbing the EFL ladder.'
After lengthy delays, Fulham’s shiny, new Riverside Stand has finally opened, creating “a unique Thameside destination with first class facilities for supporters and partners on match days, as well as for the wider community year-round”. This ambitious project has increased Craven Cottage’s capacity by around 4,000 to 29,600, while it has also taken advantage of the club’s fantastic location and wealthy catchment area by including two Michelin star restaurants, a rooftop swimming pool, corporate hospitality and event space, all benefiting from views of the Thames. Chief executive Alistair Mackintosh observed, “Fulham is the sort of club that can have a business class or first class and have fans that turn left on a plane.” Indeed, there is also an exclusive members club – with a football season ticket as an optional extra. It’s fair to say that “the times they are a-changing”, as this is a long way from the traditional pie and a pint. However, in a world where clubs face the tw...
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