Ross County Football Club accounts report break-even after challenging year dominated by Covid-19
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Average staff numbers at Ross County dropped by almost a third last year.
The Scottish Premiership side – filing its latest accounts for the year ended May 31, 2021 as Ross County Football Club (1998) – had 92 staff in 2019/20.
This dropped to 63 for 2020/21 with the decrease coming in management, playing and admin staff.
For the same period, staff costs decreased from £3,294,038 to £3,129,178.
It came as turnover increased from £3,183,905 in 2019/20 to £3,281,599 last year. For the same period, pre-tax losses moved from £225,452 to £256,850.
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A strategic report accompanying the Dingwall firm’s latest accounts stated: “Season 20/2021 was significantly impacted by Covid-19, with the restrictions imposed meaning the vast majority of our matches were played behind closed doors.
“Given the circumstances, our primary objective for the season was for prudent financial management off the park and on the park for the club to retain its position in the SPFL premiership.
“The board of directors were therefore pleased with the 10th place finish which ensured the club avoided relegation and with increased turnover recorded in the period.
“The club reports a breakeven position for the year largely due to the injection of cash during the year from its ultimate parent company [GEG Capital Investments]. The club also received a loan from the Scottish Government in the year as part of Covid-19 relief measures and the board of directors would like to put on record our thanks for the support during an extremely challenging financial period.”
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