Losses at Middlesbrough Football Club have narrowed to £19.4m as turnover was boosted by fans returning to the stands and income from sponsorship deals.
Newly published accounts for the club, which came seventh in the EFL Championship last season, show turnover recovered to £26.8m in the year to the end of June, up from £14.6m in the same period of 2021. The rise was partly thanks to £6.4m in gate receipts and £6.5m in sponsorship and commercial deals.
However the results mark three consecutive years of loss making for the club which depends on the financial support of its parent company - The Gibson O'Neill Company, run by chairman Steve Gibson. Just £36,000 in ticket sales was reported in the previous financial year as the majority of games were closed to fans while Covid restrictions remained in place.
