At Thursday evenings Sydney Swans Annual General Meeting chairman Richard Colless advised members of the following;
- The 2006 Net Profit of $1,507,089 compares to the 2005 net profit of $156,943.
- The improved financial performance comes off the back of the Club’s on-field successes in 2005 and 2006. Membership for 2006 was up 27% to more than 32,000 while sponsorship was up 14%.
- Whilst the Board was pleased with the result it noted the Club’s balance sheet remains relatively weak and still shows a deficiency in working capital of over $700,000 at year end.
