Vital Football

Latest Yeovil Town News

2012-13 Accounts Reflect Squad Investment

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



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

Writer:Huish1949
Date:Wednesday February 19 2014
Time: 6:53AM

Login to post a comment

Recent Yeovil Town Articles

More Reliable Than A League 2 Octopus? (18/10/17)

Time for the special computer that crunches the numbers to determine the final League Two positions for the season of 2017/18.

Safe Standing's About To Be Real

Shrewsbury Town have now confirmed that they have reached their crowd funding target of £65,000 to create a safe standing section at New Meadow.

FA Cup First Round - Full Draw (16/10/17)

The draw for the first round proper of the FA Cup took place earlier this evening.

2017/18 FA Cup 1st Round Ball Numbers

The proper first round draw for the 2017/18 FA Cup will take place on Monday evening.

Vital Glovers Social Media

Archived Vital Glovers Articles

Vital Glovers articles from

Site Journalists

Write for Vital Glovers
Write For Vital Glovers
Apply Here

Current Poll (see more polls)

Mansfield v Yeovil
Suggested By:
Yeovil win27%
Mansfield win58%
Draw15%
Vital Football Comment
Latest F1 News
Latest Vital Boxing News
Write for Vital Football

Recent Yeovil Town Results (view all)

Yeovil Town Fixtures (view all)

The Vital Football Members League