BURTON Albion FC has reported an operating profit of £133,005 for the 12-month financial period ending on June 30, 2021.
The football club was able to record a small profit despite the impact of the pandemic that resulted in no gate receipts and a serious downturn in commercial activity.
It compares with an operating loss of £46,865 for the 12-month financial period ending on June 30, 2020.
The turnover for the year to June 2021 was £3,309,449, as opposed to £4,820,540 for the previous financial year, which included gate receipts of £837,285.
Wages and salaries for the year to June 2021 totalled £4,184,344 compared with £4,195,306 for the previous financial year.
Chairman Ben Robinson said: “The pandemic had a major impact on the club’s finances, but we were able to navigate through this difficult time by using the Government Job Retention Scheme, Recovery Loan Scheme and an insurance compensation package through the league’s bloc scheme.
“We have now been able to welcome fans back and work towards resuming normal commercial activities with the worst of the pandemic now hopefully behind us and are able to plan ahead with more confidence.
“We would like to thank our fans and sponsors for their invaluable support, especially the sponsors, advertisers and partners who continued to back us even when there were no fans in their ground. With their help, we have been able to maintain a good financial outlook for the club despite the pandemic.
“We would also again like to thank all the club staff for their support during these difficult times.
“We are now able to look forward with optimism again and will be looking to invest in the playing squad as much as possible to provide the manager with the resources to be competitive in League One, while at the same time ensuring the football club moves forward on a secure financial platform.”