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Port Vale Football Club: Annual Accounts

5 April 2018

In line with company requirements to file annual accounts Port Vale Football Club Limited submitted its accounts for the year ending the 30th June 2017 to Companies House on the 31st March 2018.

Also to comply with the Football Association Rules & Regulations and the English Football League Regulations, copies of the accounts were sent to both footballing organisations.

The accounts show an improved net liabilities position after the club made a profit of £466, 343 during the year to 30th June 2017, this was due to players sales of circa £390,000 and the exclusivity payments received of £100,000.

However, the current year continues to be a tough one due to decreased revenues but similar playing budget and other overhead expenses. Although there is again income from player sales in this year the payment is being received in deferred instalments.

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