Key highlights for the financial year ending 30 June 2025:

• Turnover of £21.7m
• EBITDA of almost half a million
• Net gain on player sales of £5.3m
• £8.3m in commercial and retail revenues, up £1.3m on previous year
• Wages to turnover rose to 70%

Aberdeen Football Club is reporting another year of strong financial performance with turnover of £21.7million despite not participating in European club competitions in season 2024/25.

In its latest accounts for the financial year ending 30 June 2025, the Club reported that further healthy growth in commercial, ticket, memberships and retail income, coupled with record player sales and the positive impact of winning the Scottish Cup helped offset the lack of European football income.

Turnover dipped by £1.92m from the record £23.6m the previous year with an operating loss of £1.5m compared to £0.5m in 23/24. However, EBITDA (earnings before interest, tax, depreciation and amortisation) – a key measure of an organisation’s health and profitability – remained positive at £453,000.

European gate income and UEFA prize money accounted for £5.45m in the previous year but this financial year’s overall non-European related revenues increased by £3.53m. This is largely attributed to another “record-breaking year” of commercial and retail sales, totalling £8.3m, £1.3m up on last year’s record, increased ticket sales and the Scottish Cup success.

The sale of Bojan Miovski to Girona and Duk to Leganes, along with the tribunal determination for Connor Barron’s move to Rangers were the main contributors to a total net gain of £5.27m on player sales.

The Club’s wages to turnover ratio rose from 54% to 70% in the period due to a £2.4m increase in football investment against reduced income due to no European club competition participation.

AFC chairman, Dave Cormack, said: “I’m pleased to report another strong set of results which show further record-breaking growth in commercial, retail, ticket and membership revenues and positive EBITDA, underlining the progress the Club is making against a number of key financial performance indicators while continuing to invest both on and off the pitch.

“The commercial team delivered 20% growth in official partnerships which included a record three year extension with Texo, our official club sponsor, a back-of-shirt deal with MaxAmaze and another record front-of-shirt partnership with Boskalis for AFC Women. We are extremely grateful to all our partners who continue to see the value in being associated with the Club.”

The 24/25 campaign saw record numbers at Pittodrie with average attendances growing from 16,230 to 17,777. This has been driven by investment in fan engagement, the match-day experience and on-going refurbishment of the hospitality lounges which has contributed to record corporate income.

Mr Cormack added: “Season ticket sales for 25/26 reached a record level of 11,500 and AberDNA has grown by 50% in two years with a remarkable 9,700 paid members, making this one of the largest fan-funded voluntary initiatives of its kind in Scotland.

“Meanwhile the AberDNA Junior free under-12 programme has reached over 11,600 members, mostly primary school children. We’ve seen a 40% increase in the number of those attending matches which means our fans of the future are getting more involved. This, along with the Red Shed, have resulted in the average age of match ticket buyers decreasing from 48 to 35 over the past few seasons.”

In conclusion, Mr Cormack said: “As always, I’d like to thank our investors, directors and dedicated staff for all their hard work and, of course, pay tribute to our amazing fans for the contribution they make to the financial health of our Club.”

Click here to view the Aberdeen FC Annual Report 2025.