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Next Game: Banbury Away On Friday March 29th Kick-Off 3.00pm

Tuesday, May 22, 2012

Off-The-Pitch Income is very important says Redditch Chairman

One local football chairman has turned his club around by focusing on increasing revenue off-the-pitch.

Chris Swan took over at Redditch twelve months ago when the club was £200,000 in debt and baliffs were not far away.

"It has been horrendous," Swan told BBC Hereford and Worcester.

"Off the field, lots of problems have emerged since we took over the club.

"It turned out there were debts of £200,000 and we had baliffs trying to take the floodlights.

"But that is all behind us now. We have got a stable club, we have got accounts, systems and an infrastructure. 

"When we took over turnover was less than £10,000, but it is going to be around £260,000 this year.

"We lose £70,000 playing football and make £72,000 through the function rooms and corporate sponsorship.

"The off-the-field income is a very important side of it."