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St Kilda achieved an operating profit of $3.6m for the financial year ending 31 October 2021, and reported a statutory profit of $12.8m.

St Kilda Football Club is pleased to confirm a series of positive financial results in publishing its 2021 Annual Report, headlined by a $4.3m reduction in club debt.

The club achieved an operating profit of $3.6m for the financial year ending 31 October 2021, however after accounting for facility funding revenue, depreciation, amortisation and interest, the club reported a statutory profit of $12.8m. 

Key elements of the club’s 2021 financial results:  

  • The club reduced its debt by a record $4,264,806, reducing overall debt to $9,562,300.
  • The club operating profit before facility funding revenue, depreciation, amortisation and interest of $3,593,640 (2020: $1,246,930) and an overall statutory net profit of $12,809,844. 
  • The club generated $42,599,271 in operating revenues at the same time as reducing its reliance on AFL funding – St Kilda’s variable distribution decreasing by $1.1m in comparison with 2019 levels. 
  • The net assets of the club increased to $29,067,424 from $16,257,585 in 2020. 
  • The club has recorded a second consecutive year of record memberships with 55,832 members in 2021, representing 14% growth on the 2020 tally of 48,775.  


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St Kilda


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