Player sales the main cause of "encouraging" Bristol City profit
30 October 2019
Bristol City have announced a financial profit for the first time in many years.
With the departure of four players, player sales were a key factor for the club, who otherwise would have faced another loss on their books.
At a glance, the past financial year has been great for Bristol City.
For the year ending 31st May, the club made a profit after tax of £9.8 million. An astounding improvement on last year's loss of £25.16 million.
The driving force behind the financial headway is Bristol City's player sales. In the summer of 2018, the club sold four players and, with payments still coming in from the sale of Jonathan Kodija, who signed with Aston Villa in 2016, Bristol City managed a profit on player trading of £30.41 million this year.
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