Doncaster Rovers: Club reveal £250k Keepmoat Stadium profit success

Keepmoat Stadium
Keepmoat Stadium

Doncaster Rovers are on course for their best ever season off the pitch, according to chief executive Gavin Baldwin.

Baldwin this week confirmed Rovers have posted a profit of almost £250,000 since taking over the ownership and management of the Keepmoat Stadium last September.

The club are poised to announce new revenue streams over the coming weeks, after quelling talk of a takeover by insisting that major shareholders John Ryan, Dick Watson and Terry Bramall will remain in control.

And Baldwin says the tough business principles applied by the club’s owners are reaping the rewards.

“We are delighted at how the well the club and stadium are performing,” said Baldwin.

“In September 2012 the club took on the management of the stadium and it was budgeted to make a £750,000 loss.

“We were challenged by the major shareholders to ensure the stadium broke even in our first year and we have recorded a profit of just short of £250,000.

“Due to the commitment of the owners these monies have been put straight into the first team squad.

“In addition all areas of the club are currently performing exceptionally well.

“Our month end figure for September is up on our projected budget and our retail department, commercial department, Rovers Alliance and Rovers lottery have all performed above budget for the first quarter of the season.

“We are very well positioned for the 2013/14 to be one of the best seasons the club has ever had off the field and we are hopeful that the success will be replicated on the pitch.

“The owners continue to ask us to better our performance on a regular basis and drive new revenue streams and at the moment we are meeting their objectives,” he added.

“We are already experiencing the financial and feel good benefits of being a Championship club and I am very much looking forward to seeing this continue throughout the season.

“I can assure our fans that everyone at the club works incredibly hard in order to achieve success and maximise every opportunity to make the club the best it can possible be.”