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Rotherham turns a profit

After three years of losses Rotherham made a £1m operating profit last season, reports Kieran Maguire of the Price of Football. The Championship average was a loss of £24.2 million or £465,000. Rotherham income was up to a record £13.9 million from £10m on the back of higher broadcast revenues following promotion to the Championship.

Of course, they were relegated to League One. This led to some savings as Championship bonuses did not have to be paid. The club feels 'that the players could have done no more to secure their cherished Championship status.

Match day income in the Championship was up by 17 per cent to £2.6m. Average attendances increased by 16 per cent from 8,514 to 9,885. Season tickets sales were up by 8 per cent.

The big increase was in 'central distributions' from the Premier League and Championship, up 233 per cent at £7.5m. Commercial income was £3m.

Rotherham paid £56 in wages for every £100 of income in a division where the average is £107. Average wage up 24% to £3,643 but average in Championship is £16,200.

Rotherham player trading, purchases £600k, sales £1.75m.

Kieran Maguire comments, 'Overall Rotherham are likely to have been the only club in the Championship last season that achieved both profitability AND sustainability. Strip out the impact of player and [dubious] stadium sales, Rotherham made the biggest Championship profit, Hull only breaking even due to benefit of parachute payments last season.'

ASD Lighting Holdings is both the immediate and ultimate parent company. The full accounts can be viewed online at Companies House: Rotherham United

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