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Friday, December 05, 2008

Yeovil in the Black

Ever since joining the Football League Yeovil Town has recorded a profit.

Their latest accounts, to the end of June 2007, show a profit of £112,764 which compares with a profit of £123,543 the previous year.

In the last four years a total profit of £605,000 has been achieved which is similar to that recorded at Edgar Street in recent years.

However turnover is twice as high compared with Hereford at around £3.90M and Yeovil had over £1.1M in the bank or in hand at year end.

As well as a higher turnover Yeovil's wage bill, nearly £2.4M, is well above that at Edgar Street. This is mainly because of more players and employees at Huish Park.

A total of 81 employees included 32 playing staff, 19 management and admin, 11 stadium and maintenance and 19 catering staff were said to work at Yeovil.

The figure is much higher than that at Edgar Street probably reflecting that catering and maintenance is done in-hand at Huish Park.