The Club has submitted its annual report and financial statements for the year ending June 2022.
Football and Operational Highlights
- The Club won the National League, winning promotion to the EFL for the first time in 11 years.
- Recorded the highest attendance at Edgeley Park in over 22 years for the final game of the season, to see us lift the trophy.
- We enjoyed a successful FA Cup run, including a memorable night at Edgeley Park against Bolton.
- The club has continued to invest in upgrading key revenue-generating and fan-facing areas of the Stadium to the tune of £650k, which included a full refit of two event spaces and the new Junior Supporters Zone in the Together Family stand.
- Over 3,200 season tickets sold, representing an incredible 45% increase from the previous season.
- Income increased to £4.8m (2021: £2.1m).
- Group operating loss increased to £4.9m (2021: loss of £2.6m).
- Loss includes depreciation predominantly related to stadium improvements of £0.7m (2021: £0.3m)
- Total Assets increased to £3.6m (2021: £2.1m)
- Creditors more than a year decreased to £1.0m (2021: £3.4m)
- This includes a £1m loan from Sport England – Sport Winter Survival Loan & a £36k Bounce Back Loan.
- The Club swapped all outstanding loans from owner Mark Stott to equity. This means the only debt left in the Club was the Sport Winter Survival Loan and the Bounce Back Loan.
The accounts published for year ending June 2022 show turnover increasing by £2.7m to £4.8m. The increase was mainly driven by a significant increase in non-matchday revenues and matchday revenues generated as a result of supporters returning post-COVID.
Jonathan Vaughan, CEO said…
“The 21/22 season will go down in the history books as one of Stockport County’s most successful. The return of fans to Edgeley Park provided the passion and support that drove the Club to a record-breaking winning run and delivered the ultimate prize of a League title and a return to the EFL.
“This year’s loss is in line with expectations based on our ambitious 7-year plan to return to the Championship. A significant proportion of the loss can be attributed to investment in the football operation and associated infrastructure, along with the development of the Youth Academy setup which is a major step towards making the Club sustainable in the medium term.
“Continued investment at Edgeley Park delivered a significant improvement in the fan experience and helped drive increased revenues on non-match days.
“Mark Stott’s continued commitment to convert his investment in the club into equity ensures that the club is not burdened with debt while we are in the growth stage of our ambitious plans.
“I would like to take this opportunity to thank all fans and sponsors who supported the club throughout the season.”