UK time is: 13:20:28
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

2012-13 Accounts Reflect Squad Investment

The annual accounts for the year ending June 2013 have now been released by Yeovil Town and show a loss of 454,000.

This is the first time in four years that Yeovil has posted a figure in the red.

The loss shown in the accounts is largely related to an increase in costs sustained by the club in trying to, and succeeding in, achieving Championship football last term such as investment in the playing squad, but also unfortunately reflects lower than expected revenue from our Wembley Play Off final.

Chairman John Fry told the Official Site that he felt the accounts 'vindicated' the board's decision to back manager Gary Johnson in the dream for promotion.

'During our 10th Anniversary Year in the Football League the club achieved its highest position in it's 188 year history through promotion to the Championship. When I first joined the YTFC board back in 1993 nobody believed that the Glovers could ever aspire to the top tier of the Football League. But we have, and now we must do our best to keep the dream alive against some of the 'giants' in English football.'

Fry goes on to say that what the club achieved last season in terms of promotion was nothing short of a 'miracle' given the applicable resources available, and even our additional investment in the playing squad and the costs associated with such are miniscule in comparison to most, if not all, League One colleagues.

This is again where the proposed development of the Huish Park site should come in to it's own in terms of providing the club with a stable, regular and alternative revenue stream, and Fry describes it as 'absolutely essential' for the club moving forward.

Join The Vital Debate




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer: Huish1949 Mail feedback, articles or suggestions

Date:Wednesday February 19 2014

Time: 6:53AM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Yeovil Town Articles

Stats: Rochdale v Yeovil (Saturday March 28 2015)

Rochdale v Yeovil - Preview (Saturday March 28 2015)

Skiverton - Now We Play For Pride (Saturday March 21 2015)

Colchester 2 Yeovil 0 - Report (Wednesday March 18 2015)

Stats: Colchester v Yeovil (Tuesday March 17 2015)

Colchester v Yeovil - Preview (Tuesday March 17 2015)

Leyton Orient 3 Yeovil 0 - Report (Sunday March 15 2015)

Archived Yeovil Town Articles

List All Vital Glovers Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. Greenking 2
2. warbie118 1
3. Flash93 1
4. Doingthe92 1

League Results (view all)

Latest Results
Rochdale 2 - 1 Yeovil
Colchester 2 - 0 Yeovil
Leyton Orient 3 - 0 Yeovil
Yeovil 0 - 3 Bristol City
Yeovil 2 - 1 Oldham
Yeovil 0 - 1 Walsall

League Table (view table)

Team P W D L GD Pts
18. Coventry 39 11 12 16 -11 45
19. Crewe 39 13 6 20 -32 45
20. Crawley 39 11 10 18 -22 43
21. Leyton Orient 38 11 9 18 -4 42
22. Notts County 37 11 9 17 -13 42
23. Colchester 38 10 8 20 -17 38
24. Yeovil 38 8 8 22 -31 32

Breaking League News

Vital Posh MOTM v Coventry City Poll
Peterborough : 29/03/2015 13:14:01
Rate The Ref - Posh v Sky Blues - Iain Williamson
Peterborough : 29/03/2015 12:47:01
Leyton Orient : 29/03/2015 12:15:00
Second Half Comeback Hands Orient Crucial Win
Leyton Orient : 29/03/2015 12:10:01
Inconsistent
Sheff Utd : 29/03/2015 10:57:01

Current Site Poll (view all polls)

Rochdale MotM
Suggested By:  Site Staff
Loach 0%
Twumasi 0%
Arthurworrey 0%
Webster 0%
Smith 0%
Leitch-Smith 0%
Berrett 0%
Foley 0%
Kingsley 0%
Hayter 0%
Ugwu 0%
Sub - Moore 0%
Sub - Hoskins 0%