Bray Wanderers' goal Club hoping to break even after posting loss in 2011

Latest accounts for League of Ireland minnows Bray Wanderers have just been dropped into the Companies Registration Office and…

Latest accounts for League of Ireland minnows Bray Wanderers have just been dropped into the Companies Registration Office and they indicate that the club made a loss in 2011 of €170,000.

It had accumulated losses of €1.5 million at the end of November 2011. With the 2012 season having since closed, and with Bray finishing 10th in the premier division, long-serving director Eddie Cox told me Bray hoped to break even when the final accounts for this year had been signed off. "We reduced our budget considerably and we had a number of amateur players playing for us during the season," Cox explained. Thoughts are turning to next season, with the club once again hoping to secure its licence to participate in the league from the FAI. German carmaker Volkswagen is on board as team sponsor for 2013. "We're a small club with a small support base but we'll keep doing our best with what we have," said Cox.

Ciarán Hancock

Ciarán Hancock

Ciarán Hancock is Business Editor of The Irish Times