Caley Thistle have announced an almost 28% jump in yearly profits from £218,197 in 2006 to £279,099 for the year ended May 31 2007.
Chairman Alan Savage said "I'm pleased at such a good financial out-turn."
The full text of the Press Release is as follows:
Inverness Caledonian Thistle FC will report to shareholders a profit of £279,099 on the year to May 31, 2007. This is an increase on last year's profit of £218,197. The club announced that its AGM will be held at the stadium on August 30 and copies of the accounts are being distributed to shareholders. These show turnover increased to £3,435,370 from last year's £3,262,813. Chairman Alan Savage, whose first year in charge is reflected in the accounts, said:"I was particularly focused on carrying on the good stewardship of former chairman David Sutherland at the club and I'm pleased at such a good financial out-turn. "But I never forget this is a football club which is why I was very pleased to see our players gaining international recognition -- Rory McAllister and Zander Sutherland at Scotland under 20, Ian Vigurs at Scotland under 19s and Richard Hastings back in the full Canada side. "The manager's desire to play attractive football was reflected in Charlie Christie winning the SPL manager of the month award last October plus home and away victories over Rangers." Mr Savage added:"We want to make progress on and off the pitch and as well as making funds available to develop the team, I'd like to give supporters a better experience by improving the infrastructure in the coming seasons."
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