Player sales put Gillingham into profit

Gillingham accounts for 2017/18 show £180k profit for £2017/18 but it would have been a £1.5m loss without player sales and ‘independent school’ income. Ticket sale revenue down 24% was the major concern. Turnover was up from £6.3m to £7m.

Wages and salaries at £3.8m were a healthy 50 per cent of turnover. Broadcasting revenue declined very marginally at £1.43m. Transfer fees were up from £674k to £1.13m.

Gillingham chairman Paul Scally owed the club £90k at 31 May 2018 and was paid £311k for ‘consultancy services’ for 2017/18.

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The Political Economy of Football V2

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