Vital Football

Latest Middlesbrough FC News

Gibson continues to back Boro

Gibson continues to back Boro

Middlesbrough chairman Steve Gibson will continue to back the club despite it reporting a sizeable annual trading loss.

Boro's accounts for the twelve months up to 30th June 2012 revealed a pre-tax loss of £13.5m. That was actually less than the pre-tax figure of £18.7m for 2011, although that covered an extended eighteen-month period.

Boro's revenue over the latest period was £18.1m, including gate receipts of £4.8m, cup income of £800,000, media earnings of £7.4m and commercial income of £5.1m.

Their media earnings were significantly reduced from the £26m received for the previous eighteen months, chiefly due to their Premier League parachute payments finishing.

Profit made from player sales totalled only £2.8m, against the previous figure of £15.2m raised by the departures of the likes of Adam Johnson and Brad Jones.

Chief executive Neil Bausor told Boro's official website: "These accounts highlight the reality of financing a team capable of challenging for promotion to the Premier League whilst also ensuring that as from next season the club comply with the new Financial Fair Play rules.

"Steve Gibson and group will continue to support the club to the maximum levels permitted under Financial Fair Play," he confirmed.

Join The Vital Debate



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

Writer:Vital Boro
Date:Thursday March 21 2013
Time: 11:30PM

Login to post a comment

Recent Middlesbrough Articles

Officials - Middlesbrough v Birmingham (22/11/17)

The Football League have now announced the Match Day officials that will take charge of the game between Middlesbrough and Birmingham City this Wednesday.

We should have got something - Monk

Manager Garry Monk felt Middlesbrough should have taken at least a point from former club Leeds United.

Leeds United 2 Middlesbrough 1

Middlesbrough suffered a 2-1 defeat to fellow promotion hopefuls Leeds United on manager Garry Monk's return to Elland Road.

Pablo Hernandez gave the hosts the lead midway through the opening half before supplying Ezgjan Alioski for a second goal soon after the break.

Britt Assombalonga replied from the penalty spot with thirteen minutes remaining after Luke Ayling clashed with Daniel Ayala - but it wasn't enough.

Boro still remain in the play-off positions courtesy of a sli

Stats: Leeds United v Middlesbrough

All the stats from Leeds United (2) vs (1) Middlesbrough, Elland Road, Sun 19th Nov, 1.15pm Att: 33,771

Archived Vital Boro Articles

Vital Boro articles from

Site Journalists

Maccarone
Editor email
Profile

Current Poll (see more polls)

Was Garry Monk the right appointment?
Suggested By: Vital Boro
Yes70%
No30%
ScoopDragon Publishing Entire League Network of Sites
Write for Vital Football
Latest F1 News
Latest Vital Boxing News
The Vital Football Members League

Recent Middlesbrough  Results (view all)

Middlesbrough  Fixtures (view all)

Vital Members League Table

RankNamePoints
1.donington1
Vital Football Comment