Essendon Announce Record Profit

Bombers rake in more than $5m!

Essendon Announce Record Profit

Essendon have announced a mammoth club record profit of $5.1 million for the 2017 season.

To put that figure into context, Hawthorn recorded profits of $3.1 million, $3.4 million and $3.3 million during their three-peat years but never broke the $4 million mark let alone the $5 million mark.

This year’s premier Richmond announced a profit of $3.06 million.

Essendon’s total revenue generated was $65.2 million, an increase of $11.7 million year-on-year.

It's an astonishing turnaround for the club which was brought to its knees during the four-year supplement scandal.

Club CEO Xavier Campbell said the result was another important step forward for the club.

“To record a profit of $5.1 million dollars this financial year is significant for everyone involved in our club,” Campbell said.

“This has been a year of progress from both a football and financial perspective, and we have witnessed pleasing increases across several key areas of our operations which directly impacted our bottom line.

“Our exciting brand of football helped us achieve record membership of 67,768, increased match receipts with more than 1 million people attending Essendon games, and an increase in financial investment from our corporate partners and sponsors.”

The news serves as added momentum for the Bombers heading into 2018 after a successful trade period which saw them recruit Jake Stringer, Devon Smith and Adam Saad.