The group, which comprises of the FA, Wembly Stadium and St. George’s Park, is touching the respective figures for the fourth consecutive year.
“The FA Group is in strong financial position, increased cash reserves give us some flexibility around investments and our strategy looking forward. The FA Board is committed in to continuing or increasing its investment into the game where it’s prudent to do so,” said Andrew Crean, The FA Group’s Chief Financial Officer.
“The Board was pleased with a positive set of results, demonstrated good growth in key areas and The FA Group is well placed to deliver significant investment into football,” he added.
The year also saw a rise in the asset of the group, which climbed by a whopping 34% to £139 million.
FA’s General Secretary Alex Horne said that he was satisfied with the results and also said about the long term plans of the group.
“We have a four-year plan to 2018 and the positive news is that we’re filling in large chunks of that. In the next year I’m confident that we’ll see our income streams at or above the levels of the £300 million that we’ve seen for that last four years, which would absolutely reinforce our ability to reinvest £100 million per year, or more, over the next five years to 2018. So we’re in a really strong financial position,” he said.
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