Tennis Aus Open Australian Open Cricket ODI Australia v India Football Asian Cup South Korea v Iraq
Search
Outrage over football beheading bannerOutrage over football beheading banner Anderlecht captain Defour boots ball at fansAnderlecht captain Defour boots ball at fans Squash champion produces fresh shotSquash champion produces fresh shot
advertisement
Most popular articles
Exclusive coverageWatch the Tour Down Under, live and free
Wide World of Sports TV partners
Wide World of SportsCatch up with Ken Sutcliffe and the team on Wide World of Sports.AFL Footy ShowAustralia's favourite team takes you through the week in AFL.NRL Footy ShowFatty and the gang bring you an entertaining look at rugby league.Footy ClassifiedOur award winning panel tell it how it really is in the AFL world.
AFL club Sydney record small profit
18:58 AEST Tue Dec 18 2012

AFL club Sydney have capped their AFL premiership success with a 2012 financial year profit of $207,007.

Swans chairman Richard Colless said the club's second successive profit, after losses in 2009 and 2010, was in line with its three-year plan.

"The modest profit, posted after achieving the ultimate objective of winning the 2012 AFL premiership, reflects the reality of fielding an elite sporting team in Australia's most competitive sporting market and in one of the world's most expensive cities to live," Colless said in a statement.

Colless said the result, which takes into account non-cash expenses of $391,633, was a fair result given the SCG's redevelopment which made 10,000 seats unavailable for the entire season.

"This (redevelopment) resulted in over 7000 of our members having to be relocated and regrettably approximately 3000 chose not to renew their memberships.

"The club is excited by the year ahead and we are optimistic that we can continue to attract major sponsors looking for national exposure and we will continue to work hard on building our membership base to our goal of 40,000."


You need the latest version of Flash Player.
Enjoy the most vivid content on the web
Watch video without extra features
Interact with applications on your favourite sites
Upgrade now