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Wednesday, November 29, 2017

Modest Profit For Hereford FC


Hereford FC have reported a modest profit of £5,708 in the year to May 31st 2017.

This compares with a profit of £21,127 in the previous year.

Turnover has dropped from £1,014,515 to £711,686. In essence this was because of less income from matchday and season tickets and a big drop in merchandise sales.

Prize money was also down substantially.

On the expenditure side, whilst as expected the money spent on the team and management wages increased, the main decrease was on refurbishment and general repairs.

The AGM of the club will be held on December 11th at Edgar Street.