Aberdeen has reported a profit for the 5th straight year, marking another Scottish Club showing strength.
Scottish Football is in a period of solid growth and it continues to be shown as yet another club reports profits.
Aberdeen FC reported a turnover of 15.415 million pounds with a profit of 85,000. This is the 5th straight year Aberdeen are reporting a profit on their accounts as they continue to show themselves to be one of the best run clubs in the country.
Aberdeen’s success certainly assists them, they have reached the Betfred Cup finals this season, playing against Celtic on Sunday, and have finished 2nd in the Premiership in four straight seasons (and finished 3rd the year before that) and won the league cup back in 2014.
Aberdeen should be seen as a model for other Scottish Clubs in this sense. They clearly do not have the same international appeal and huge fan-base as Rangers or Celtic, nor have they had a significant boost from success on the European stage. They simply are well-run and win football matches.
The biggest emphasis should be made about their lack of success in Europe. Despite qualifying for the qualifying rounds regularly they have rarely progressed far. Many believe that the only way to financial success is through success in Europe, and the vast sums of money that it can bring. Aberdeen has managed themselves and allowed themselves to remain successful, without it.
Were Aberdeen to make a run in Europe, it would be a boon and perhaps lift them to a new level of quality, but it is not a desperately needed boost.
It will be interesting to see how Aberdeen fair in the current financial year given that they have struggled in league play, but it is always good to have healthy clubs.