Aberdeen have reported a lack of £880,000 regardless of bringing in a report amount of cash within the final monetary yr.
The Scottish Premiership membership earned £23.6m for the yr to the tip of June 2024, practically £8m greater than the earlier 12 months.
That improve, the membership says, is basically down their involvement within the group stage of the Uefa Convention League which elevated prize cash, gate receipts, and business earnings.
Nevertheless, a fall of £6m from the sale of gamers meant the membership went from recording a revenue of over £1m to a loss.
The present accounts embody the sale of midfielder Ylber Ramadani to Lecce however not the report price acquired striker Bojan Miovski to Girona a yr later, which shall be included in subsequent yr’s numbers.
Aberdeen spent £12.7m on wages, a rise of round £800,000.
“Whereas the rise in turnover is basically as a consequence of European group stage soccer, along with home cup runs, it has been bolstered by vital will increase in retail and business earnings streams,” chairman Dave Cormack stated.
“A key standards of a well-run, financially sustainable membership is the wages to turnover ratio, and, throughout this era, we’re sitting at a really wholesome 54%.
“Our participant buying and selling mannequin, the place we have to rigorously steadiness vital further funding in soccer wages and switch charges towards earnings from participant gross sales, continues to point out constructive momentum.
“However, because of the cyclical nature of participant gross sales, the latest actual positive aspects will solely be mirrored in subsequent yr’s outcomes.”
The figures embody a interval the place Aberdeen’s males’s aspect completed seventh within the Scottish Premiership and reached the ultimate of the League Cup, semi-finals of the Scottish Cup, and ended third of their Convention League part.
Barry Robson began the season as supervisor however was sacked in January earlier than Peter Leven noticed out the marketing campaign when preliminary substitute Neil Warnock resigned in March after two wins in eight video games.
Swedish boss Jimmy Thelin took over in the summertime and Aberdeen are at the moment second within the Premiership, stage on factors with Celtic after 10 wins and a draw of their opening 11 video games.
Their early season success has meant consecutive sell-outs at Pittodrie.
