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Last Updated: Wednesday, 14 September 2005, 09:57 GMT 10:57 UK
Wallace hails Stevenage finances
Stevenage Borough chairman Phil Wallace is pleased with the progress the club are making off the pitch.

Boro made an operating loss of �9,410 in the year to May 2005 - compared to a loss of �110,791 the previous year.

Wallace said: "We are in good shape. Gate income now accounts for less than 25% of our �2m-plus annual income.

"When success on the field brings higher crowds through the turnstiles, the club will be well placed to finance a climb through the football pyramid."




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