Record result for Hammarby as
Photo: Caisa Rasmussen/TT

Record result for Hammarby as sports group posts 109.7 million kronor profit

Hammarby finished second in the Allsvenskan and Damallsvenskan, but when it comes to the club's finances, it is a winner. Last season, the entire sports group made a profit before tax of 109.7 million kronor.

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"Once again we report a strong result, driven by transfer revenue in combination with good cost control. We are well on our way to reaching our financial goals faster than planned," Hammarby football CEO Richard von Yxkull told the club's website.

The multi-million profit comes after the club reported a transfer net of 194 million kronor, driven in part by the sale of Bazoumana Touré to German side Hoffenheim. This came as audience revenue increased, contributing to total revenue of 455 million kronor, a record for Hammarby, according to the club.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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