The profits of Leeds United were down in the year ending 30 June 2012. This was, of course, before the new owners took over.
Operating profits of £939,000 in 2011 turned into a loss of £3.346m. However, there was an overall profit of £317,000 compared with a figure of £3.5m the previous year.
Turnover decreased by just under 5 per cent in the period. Gate receipts fell by a worrying 10.6 per cent, emphasising the need for the new owners to work to boost attendances.
The profits of Leeds United were down in the year ending 30 June 2012. This was, of course, before the new owners took over.
Operating profits of £939,000 in 2011 turned into a loss of £3.346m. However, there was an overall profit of £317,000 compared with a figure of £3.5m the previous year.
Turnover decreased by just under 5 per cent in the period. Gate receipts fell by a worrying 10.6 per cent, emphasising the need for the new owners to work to boost attendances.
First team squad and management costs increased from £11.6m to £12.9m. However, at 41.4 per cent of turnover, this is a relatively low figure compared with most clubs and well within the recommended guideline figure of 50 per cent. The club employed a total of 213 full time employees, up by six. In addition there were 667 casual part-timers which shows how many people are needed to put on a match.