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Daily Record
Daily Record
Sport
Gabriel McKay

Kilmarnock post profit despite Covid hit but club warn of 'significant reduction' as directors step in

Kilmarnock have announced a small profit of £61k for the 2019-20 season as they confirm a "significant" reduction on the previous year's gain.

The season was cut short early due to the coronavirus pandemic, with the Ayrshire club finishing 8th in the Premiership table on points per game.

Despite that Killie have posted a profit of £61,483 but the long-term picture looks more difficult.

That figure includes the sale of Greg Taylor to Celtic, as well as a development fee after Liam Smith moved to Manchester City.

Fans have contributed to help the club (SNS Group)

In addition the Europa League home game against Connah's Quay Nomads, which saw Killie crash out in humiliating fashion, brought in £112,651 in gate receipts.

Directors Billy Bowie and Phyllis McLeish have also contributed in excess of £400,000 since the onset of the pandemic, while fans snapped up season tickets and the Trust In Killie initiative has made monthly financial contributions in the 2020-21 season.

With a whole season behind closed doors, as well as as a poor Premiership campaign, the financial picture will likely be more difficult in the next set of accounts.

Shareholders will have the chance to ask their questions at a virtual AGM on Monday April 12 at 7pm.

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