Earlier today, Walsall Football Club Chairman Jeff Bonser released the club's latest financial report for the year ending 31st May 2015.
The figures reveal that despite a net debt increase of over £350,000, the club had produced a trading profit for the tenth successive year, along with cutting debt by over £140,000.
The club also revealed that they had paid around £300,000 more in wages and pensions compared to 2013/14, taking the 2014/15 total to £3,059,000, with an average of 131 employees.
There was a £15,000 increase in the money it pays to lease Banks's Stadium, the club's Essington Training Ground, overflow carparks and assorted machinery, taking the total to £320,000.
Turnover increased from £5,298,000 in 2013/14 to £5,623,000 in 2014/15, and match receipts increased from £1,153,000 in 2013/14 to £1,588,000 in 2014/15, helped in many ways by the Saddlers' Johnstone's Paint Trophy exploits.
Football and commercial activities continue to bring in the majority of the club's income, as Sporting Dinners and assorted events proved popular to the tune of over £4,000,000 in 2014/15.
Finally, the club owes Chairman Jeff Bonser a total of £1,519,626, which is down £87,179 from 2013/14.
You can download your PDF copy of the 'Directors' Report & Financial Statement', HERE.
The figures reveal that despite a net debt increase of over £350,000, the club had produced a trading profit for the tenth successive year, along with cutting debt by over £140,000.
The club also revealed that they had paid around £300,000 more in wages and pensions compared to 2013/14, taking the 2014/15 total to £3,059,000, with an average of 131 employees.
There was a £15,000 increase in the money it pays to lease Banks's Stadium, the club's Essington Training Ground, overflow carparks and assorted machinery, taking the total to £320,000.
Turnover increased from £5,298,000 in 2013/14 to £5,623,000 in 2014/15, and match receipts increased from £1,153,000 in 2013/14 to £1,588,000 in 2014/15, helped in many ways by the Saddlers' Johnstone's Paint Trophy exploits.
Football and commercial activities continue to bring in the majority of the club's income, as Sporting Dinners and assorted events proved popular to the tune of over £4,000,000 in 2014/15.
Finally, the club owes Chairman Jeff Bonser a total of £1,519,626, which is down £87,179 from 2013/14.
You can download your PDF copy of the 'Directors' Report & Financial Statement', HERE.