Leeds United Football Club has announced a profit of just over £2m along with a turnover of £27.4m covering its season in npower League One.
The Whites’ gate receipts increased by 30.8% up to £11.7m whilst merchandise rose by 12% to £5.5m for the year ending June 2010. £7.7m was spent on players and management as the club invested in promotion back to the Championship.
The club made an operating loss before player trading of £670,000 with the sale of Fabian Delph to Aston Villa for an initial £6.25m helping the club to post a profit.
The accounts represent an improvement for United who posted a small profit of £15,000 the previous year.