Sheffield wants to be modern and progressive

The results show the football club's turnover more than doubled to �20.3m, while the team recorded their highest attendance for 32 years at 23,072.

Pre-tax profits to the end of last year were �126,000, compared to a loss of �902,000 in the same period for 2004.

Executive chairman Kevin McCabe said: "The key achievement is the progress made in our off-the-field business."

"We feel Sheffield United has certainly transformed from being perceived as a somewhat old fashioned club to a modern progressive football organisation," said Mr McCabe.

He added: "Hopefully, promotion to the Premiership beckons at a time where Sheffield United is in fine shape and with a stadium ready to host top-line football again at Bramall Lane for many years to come."