Northampton Saints in the money - again
August 28, 2012
Saints have reached the Premiership play-offs in the last three seasons © Getty Images
Northampton Saints have announced a 12th consecutive year of profit.
They have declared a net profit of 689,418 from a turnover of just over £12.8m, up to May 31 2012. The previous year Saints recorded a £801,314 profit.
Saints chief executive Allan Robson identified a 97% home attendance and income from the team's success on the pitch as key to their "unprecedented" and "unique record", as well as a 30% rise in non-match day related activities.
Robson told BBC Northampton: "We've got a great business model. We have tremendous supporters that back us so well, and a great sponsor base too."
He added: "We know our business and now, with the success we're achieving on the pitch, that also helps us to generate more income."
Northampton are making "sure progress" in their ambition to develop the new North Stand at Franklin's Gardens. Having been through a public consultation, they are awaiting confirmation from the Homes and Communities Agency that they can progress to the next stage.
"If we can get a larger audience, we will make more money from it," said Robson. "That in turn enables us to stay at the top end of our expenditure on players, squad support and the like, which improves our chances of doing well on the field."
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