The financial statement reveals a trading profit for the year ended May 31, 2018 of £9,000, down over £206,000 when compared to the previous year, with borrowings reduced significantly by £279,000 during the financial year.
The report also revealed that matchday receipts are up by around £10,000 to £1,091,000 when compared to the £1,081,000 the club achieved in 2017.
Annual rent of Banks's Stadium, the club's Essington Training Ground, overflow car park and machinery has remained steady at £449,000, while overall debt has decreased year-on-year.
It has also been confirmed that Cyprus international striker Andreas Makris, who joined the club from Anorthosis Famagusta for £175,000, was sold to APOEL Nicosia for £110,000 after failing to find form in the Saddlers' starting-eleven.
It has also been confirmed that Cyprus international striker Andreas Makris, who joined the club from Anorthosis Famagusta for £175,000, was sold to APOEL Nicosia for £110,000 after failing to find form in the Saddlers' starting-eleven.
As of 31st May 2018 Walsall FC employed a total of 136 people, up from 128 the previous year, with 90 of them being part of the club's playing and coaching staff, which sees the club spending £3,100,000 on wages.
While the most recently available figures showed that the debt owed to club Chairman Jeff Bonser stood at £1,111,153 for the previous financial year, with the long-standing chair receiving £288,000 during the financial year.
In a statement, released via the club's official website - Saddlers.co.uk - Chairman Jeff Bonser hailed the latest results, he said; "For the 13th consecutive year I am able to announce a trading profit, this time of £9,000 (2017 - £215,000). Furthermore, our borrowings reduced significantly by £279,000 during the year."
While the most recently available figures showed that the debt owed to club Chairman Jeff Bonser stood at £1,111,153 for the previous financial year, with the long-standing chair receiving £288,000 during the financial year.
In a statement, released via the club's official website - Saddlers.co.uk - Chairman Jeff Bonser hailed the latest results, he said; "For the 13th consecutive year I am able to announce a trading profit, this time of £9,000 (2017 - £215,000). Furthermore, our borrowings reduced significantly by £279,000 during the year."