Increased profits at Maidstone United will go towards expanding the Gallagher Stadium.
Co-owner Oliver Ash has reported a gross trading profit of £293,000 for their second year at the stadium – an increase of 13%.

Turnover is also up by 13%, rising to £1.25million.

United intend to pump profits into the £450,000 cost of extending the main stand to include 350 extra seats and they also want fans to help.

Mr Ash said: “We have a scheme to raise a third of the cost through three-year season tickets and Gullands Lounge tickets.

“Assuming that goes well, we are confident we can raise the rest of the money and, provided we get planning permission, we’d be looking to start work in May.

“It would take three months to build so it would be finished just after the season starts.”

Plans for the main stand were unveiled at a meeting with supporters last night (Thursday), along with the financial figures to cap an amazing week for Maidstone after their FA Cup exploits.

The club are also exploring ways to improve the view for standing spectators and may consider extending terracing behind each goal, taking capacity above 3,000.

But not all profits will go towards stadium expansion, with Mr Ash revealing money will be put aside into a sinking fund for when the 3G pitch needs replacing.
Mr Ash expects the original pitch to last eight years and says it will cost £200,000 to replace.

Co-owners Mr Ash and Terry Casey have always maintained the club will be run as a business and their approach is reflected in the latest financial figures.

Mr Ash said: “The results are dependent on the 3G model. The figures from pitch hire are pretty considerable.

“Clubhouse venue hire has grown and we’re considered a major meeting venue in the town and the academy is one of the most sought-after sports academies in Kent.

“Football club revenues are up in the second year. Crowds were up by around 15%. We have fantastic core support and we’re thankful for the loyalty shown by our supporters.”

Stadium expansion, allowing the club to generate extra matchday revenue, is now key to increasing profits.