Winnipeg Blue Bombers 2023 Financial Report: Operating Profit Hits $5.7 Million
The Winnipeg Blue Bombers have announced a record-breaking operating profit of $5.7 million, reflecting the team's financial success driven by increased gate revenue, corporate sponsorships, and merchandise sales.
By the Numbers- Operating profit of $5.7 million in 2023, up from $4.9 million in 2022.
- Total club revenue of $50.5 million in 2023, marking an 11.2% increase.
Valour FC, the Canadian Premier League team under Winnipeg Football Club, reported a loss of $1.25 million, prompting efforts to enhance its profitability and attendance.
State of Play- The Blue Bombers have seen significant growth under current leadership, with impressive performances in recent seasons.
- The club continues to invest in facility upgrades, with a focus on enhancing the fan experience.
The focus for 2024 is to sustain the team's momentum, further increase ticket sales and corporate partnerships, and drive continued success both on and off the field.
Bottom LineThe Winnipeg Blue Bombers have achieved remarkable financial success, but efforts are underway to improve Valour FC's financial performance and attendance, aiming for sustained growth and success across all aspects of the organization.
Read more at Winnipeg Blue Bombers
The summary of the linked article was generated with the assistance of artificial intelligence technology from OpenAI