Yeovil Town announce £21k profit for 2011

Yeovil Town have announced a £21,000 profit for the year ending 30 June 2011, despite falling revenues at the League One side.

The Glovers revealed that total revenues were down by 8% on the previous year, to £2.9m.

The drop in revenue was attributed to a lack of activity in the transfer market, as well as a reduction in ticket receipts.

But a statement on the club website said broadcasting revenues had risen.