SM
Derby vs. Portsmouth: 1 day 15 mins
Upcoming predictions and previews

Shrewsbury Town announce profit of more than £2.25m

:Headline: Shrewsbury Town announce profit of more than £2.25m: ID:394964: from db_amp
The club's latest accounts, for the period to the end of the 2018/19 season, show a large increase on the previous year's profit of £340,000.

Shrewsbury chief executive officer Brian Caldwell has predicted a bright future for the Sky Bet League One club which has announced a profit of more than £2.25million.

The club's latest accounts, for the period to the end of the 2018/19 season, show a large increase on the previous year's profit of £340,000.

The accounts include the sales of Jon Nolan and Toto Nsiala to Ipswich as the pair followed former Shrews boss Paul Hurst to Portman Road.

The Montgomery Waters Meadow outfit are also due sell-ons following the transfer of Conor Goldson from Brighton to Rangers and Ryan Woods from Brentford to Stoke.

Caldwell told the Shrewsbury website: "We have continued to show a profit over the last few years.

"We have done well over recent years to manage our money correctly, and hopefully we are a model for other football clubs to follow.

"We've had a lot of transfer fees but some of that money hasn't come in yet. Fees will also come in during the next financial year. We have to account for things even if the money is still to come in.

Shrewsbury enjoyed a good run in the FA Cup during the current season (Nick Potts/PA))

"We have done phenomenally well again. In that time, we have invested in the club again. Football is very, very difficult. The accounts look very good and it just so happens that things have fallen in this financial year.

"A lot of the money in the accounts hasn't been received yet. That will help us going forward with income streams. We have been fortunate that we have had some big games, they provide extra income.

"We have spent money on things like the dressing room upgrade, it helps our infrastructure grow. They are things we probably wouldn't have done unless we had the money coming in. We want to invest our money in long-term projects and invest in things that will benefit the club in the long run."

Manager Sam Ricketts' Shrews currently lie 16th in the League One table and enjoyed a good run during the current season's FA Cup which saw them lose to Liverpool in the fourth round.

amp_article__394964 : Database Data restored...  : 
last updated article - 2020-03-31 17:09:57:
html db last update - 2020-03-31 17:09:57 :

ex - 7200 : read : read cache amp html

Click here for more stories about Shrewsbury Town

Share this article now:
Read more about Shrewsbury Town Football
Recommended Next on SM
Premier League Table
TeamPWDLFAGDPTS
1Wycombe WanderersWycombe18124239211840
2Wrexham19124328111740
3Birmingham CityBirmingham17123232161639
4Huddersfield TownHuddersfield18112528161235
5Stockport CountyStockport1996431191233
6Reading189453025531
7Bolton WanderersBolton179352827130
8Barnsley197662725227
9Lincoln CityLincoln197662423127
10Mansfield TownMansfield177372222024
11Exeter CityExeter187381619-324
12Charlton AthleticCharlton186571819-123
13Blackpool186572631-523
14Stevenage176471316-322
15Peterborough UnitedPeterborough186393332121
16Leyton Orient186391920-121
17Northampton TownNorthampton195682126-521
18Bristol Rovers186391726-921
19Wigan AthleticWigan185581516-120
20Rotherham UnitedRotherham175571620-420
21Crawley TownCrawley185491728-1119
22Cambridge UnitedCambridge1844101829-1116
23Burton Albion1825111630-1411
24Shrewsbury TownShrewsbury1832131835-1711
Scroll for more - Tap for full version


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!

Loading ...

Failed to load data.



. . . . . . . . . . . . . . .