3/1 To Win
Rams announce annual accounts for the year ending 30th June 2012.
Derby County Football Club has this week filed its annual accounts, for the year ending 30 June 2012 at Companies House.
Highlights of the accounts include:
For Year Ending 30 June 2012
£000
For Year Ending 30 June 2011
£000
Turnover
17,276
18,121
Operating Costs
(17,073)
(17,621)
Operating Loss
(7,040)
(6,929)
Net Loss
(7,939)
(7,679)
Commenting on the annual accounts, Derby County President & Chief Executive Sam Rush said: “The results posted are very much in line with our expectations, and although they relate to a time prior to my arrival at the Club, they do offer evidence of one of the key factors that attracted me to Derby.
“We have a strong ownership group, who continue to be the single biggest source of finance for Derby County. The simple truth is that somebody has to cover our working capital needs, as well as make continued investments in our squad and wider infrastructure. The ownership group’s strength offers the Club that much needed financial stability.
“We aim to be both successful and sustainable. Increasingly clubs won’t be able to gamble their futures as they have in the past, and this can only be good for the long term health of the game.
“I and the rest of the Board aim for Derby County to be successful and challenging for promotion, and we will do this the right way, through hard work and continued improvement.
“This stability and ethos runs right through the Club and this year we have all seen further development on the field, as Nigel Clough has created a young and exciting team that people are talking about in a very positive and complementary way.”
