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8 January 2013

Stevenage FC today announce improved results for the year ending May 2012.

Turnover has increased to £5.18 million (2011: £3.42 million) and Profit Before Tax increased to £422,538 (2011: £144,079).

Chairman Phil Wallace today told the official website "In line with our stated policy we re-invested much of the year's windfall income from player sales and FA Cup success across 4 strategic areas; player acquisitions, increased playing budget, stadium improvements and the new first team training facility.

"These investments are still ongoing during the current year and are being carefully controlled to maximise the future well-being of the Club."

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