Poor financial result

20 Mar: The results on the pitch were this week definitely better than the financial results presented this Monday. The first six months of the financial year 2000/2001 yield only a 6 hundred thousand guilders net profit ($250 thousand). This was 1 million guilders ($416 thousand) less than a year ago in the same period. The turnover in the first 6 months increased with 4.6 percent to 56.6 million guilders ($23.5 million).

Ajax hope for a better result in the next 6 months, since they will meet both PSV and Feyenoord at home. These top matches usually generates a lot of money.

The profits out of the sale of players stagnated and the there was less profit due to a decreasing sale of season tickets. The number of season ticket holders is now 37.095; 2302 less than last season. The merchandising of t-shirts and other souvenirs also stagnated around 4,7 million guilders ($1.9 million).

The Ajax stock opened high the Monday after the 9-0 victory and grew during the day with 11%. But after the presentation of the financial results the price immediately went down to the same level as it was before the successful sports weekend. (BV)

(Sources: Het Parool, AT5 News)