The Western Bulldogs Football Club has announced an operating profit of $3,641,018 for the year ended 31 October 2016. It is the third consecutive year of profit for the Club.
The Club’s total revenue rose to a record $48.4 million, surpassing last year’s previous record of $41.3m.
The Club’s net debt reduced from $8.3m to $1.9m in the 12 month period.
The Club has this year taken a $1.9m impairment charge against the value of gaming entitlements acquired in 2009 for the discontinued Edgewater project, resulting in a statutory profit of $1,773,324.
Total membership for 2016 reached a record 40,081 members. Membership, social club waiting list and reserved seat sales are all tracking at record levels for season 2017.
