AS Saint-Etienne : The Greens exceed 100 M € turnover for the first time | ASSE News

September 14, 2020 at 12:05 PM by Thomas

ASSE finances

ASSE is finishing a tenth consecutive season, financially profitable.

It was announced catastrophic, in a recent survey signed by Mediapart, forcing even the leadership of the Greens to crack a statement asserting the contrary. The facts seem agree with ASSE which, according to information from Progress, claims a turnover of more than 100 million euros, the results of its 2019-20 season last. Exactly, 105 million euros (against 91 million € the season before, including trading), as the estimated budget defined at the start of the year.

ASSE generated € 105 million in revenue. But with the transfer window

The regional newspaper does not say anything about it, but one can guess that this record turnover only holds with the income of the transfer market. The opposite seems impossible, knowing that a year earlier, Saint-Etienne generated a little less than 75 million euros in operating income, before the crisis set in and pushes spectators out of sports arenas. . With the financial consequences that we know.

A tenth consecutive successful season

For the Greens the balance sheet is a breath of fresh air, judging by the 400,000 euros in profits ultimately generated. This is the tenth season that ASSE has finished a year with positive counts, as we have already detailed (see tweet above), it is something unique in Ligue 1. “This is a unique performance in Ligue 1 because no club has had ten years in a row financially positive”, responds the Saint-Etienne club on this subject, in a press release sent to the newspaper.