Leicester Tigers post £396k operating profit
September 18, 2013
Leicester Tigers have posted an operating profit of £396,000 for the financial year ending June 30, 2013.
The Aviva Premiership champions announced an operating loss of £1m last year but they have returned to the black with a £19m turnover, up from £17.3m the previous year. Part of this hike in income is due to increased season ticket sales while sponsorship revenues have also risen. Ticket sales also reached £5.7m.
Tigers chairman Peter Tom said: "On behalf of the board, I thank all of the players and staff at Welford Road and Oval Park who work so hard to achieve these great results on and off the field. Winning the English league title for a tenth time is a reward for their diligence and commitment, while a strong financial performance reflects the club's diverse revenue streams as well as its successful relationships with sponsors and commercial partners.
"The loyalty of our supporters is the backbone of the club's success. Season ticket sales reached record levels in 2012-13, with further notable increases in the number of family groups and young supporters, and match ticket sales were also strong. Furthermore, figures for the new season in 2013-14 have been well ahead of last year with more than 12,500 supporters purchasing their season tickets even before the end of 2012-13 and a total of 14,500 committed for the new season by the middle of the summer."
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