March 15, 2020 at 11:55 am by Thomas
AS Saint-Etienne is a financially healthy club, this is a positive and reassuring point for its fans, in this sportingly complicated season.
A ninth consecutive positive season in the accounting sense of the term. This is a performance credited to ASSE, since the last review of the 2018-19 financial year recently communicated by the DNCG, the club from Stéphane ended its financial year with a net profit of 536,000 euros. It is close to the season before, at 513,000 euros. In total, over the past decade, the Greens are … green, at 4.67 million euros. Or an average slightly less than half a million euros in annual profit.
Nine seasons of benefits for the Greens
It would be higher, without the 2010 season concluded for Sainté, on a deficit of 2.556 million euros. This is the last negative line in the club accounts. The following season, the profit was modest, at € 182,000. It inflated to 1.691 million euros at the end of the 2016 financial year. We must recognize the club of Bernard Caïazzo and Roland Romeyer, a rigorous and virtuous financial management over time. This ninth positive season illustrates this.
Operating revenue of € 74 million in 2019
In the latest balance sheet, the Greens generated 74 million euros in revenue, in addition to television rights, sponsorship, merchandising, commercial partnerships and ticketing, but without the results of trading products. They are classified at this level after Paris, Lyon, Marseille, Monaco and the Stade Rennais.
The evolution of ASSE’s net income since 2010
