Peterborough United reports profit

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The League One club has announced an operating profit of £249,247 for the financial year ending 31 May 2004, an increase of £88,000 on last year’s profit.  The club has finished the last three years in profit, while the board tighten the belt and saved mostly on the administration costs. However, outgoing chairman Alf Hand admitted decreasing gates levels would make it difficult for the club to show a profit for the current year.
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