The Winnipeg Football Club today released its 2018 annual report and announced an overall operating profit of $2.6 million. Total operating profit was down from 2017.
Total operating revenue reached $33.4 million and is attributable to the Club’s decision to internalize food and beverage operations. This was offset by decreases in game revenue which was down $1.4 million (10.5%) as the Club did not host a home playoff game in 2018, and stadium management revenue which was down $1.8M in comparison to 2017.
“We are pleased with our overall financial results for 2018,” said Winnipeg Football Club President & CEO, Wade Miller. “These results are a testament to the strong support from our fans, season ticket members, and corporate partners. Our team should be proud of our financial results.”
Operating expenses totaled $30.8 million, an increase of $3.4 million over 2017.
This article cites information from the Winnipeg Football Club. Media in this article is courtesy of the Winnipeg Football Club. For more high school, college and pro sports- like our page on Facebook.