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Racing Santander reports profits
Spain - 07 October, 2005
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The Primera Liga club announced a profit for last season and a reduction in the budget for the current campaign. The club started the last season with a budget of EU 28.8m and after income and expenses the result was profits of EU 265.000. The budget for the current season has reduced by EU 5m with less money spent on wages. The club reduced the number of its professional footballers to 19, and uses now youth team extras for saving. The club is on the hunt for a new shirt sponsor and hopes that the number of season ticket holders will increase from the current 13,088 figure.
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