The Annual General Meeting of Liiga-SaiPa Oy confirmed that SaiPa made an operating loss of EUR 304,389 during the financial year ended in April. SaiPa announced its results on its website.
SaiPa had previously made profitable accounts for the pipeline for eight years. SaiPa’s net sales decreased by EUR 445,088 compared to the previous financial year and now amount to EUR 5,114,078.
CEO of Liiga-SaiPa Oy Jussi Markkanen commented in the club’s press release that the largest individual factors for the loss-making financial year were the last sold-out period of the period; Ville Koho cancellation of the party match and the escape of the playoffs.
– In the match revenue of the last seven home matches, we missed a total of well over 100,000 euros from the goals, and the significance of the home match canceled due to the corona was another one hundred thousand euros. In addition, we had to close our lunch restaurant in the spring due to the corona. In advertising sales, we remained at the previous year’s record levels. The decline in revenue was mainly due to the last match of the regular season not played and the lack of Playoffs revenue. In addition, unlike last financial year, we did not receive NHL breeder compensation, Markkanen said in the club’s press release.
– In advertising sales, we are 150,000 euros behind last year’s total sales. We have sold about 1,200 season tickets, we are about € 50,000 behind the budget in euros, but there is still time to start the season. The budget is based on an average audience of 3,000 spectators, which is about 400 fewer spectators per match than last year’s realization, Markkanen continued.
The new Finnish Championship League season starts on October 1. In his opening match, SaiPa will face Ilves in Tampere on October 2.