"Motherwell FC today released their annual accounts for the year ending 31 May 2011 ahead of their AGM for shareholders on Thursday 23rd February. 
  
Highlights 
  
 
The club reported a profit of £541,663 (up from £18,884 in 2009/10)
Operating Income was £5.9m (an increase of 36% on 2009/10)
Operating Costs were stable at £5.6m (£5.5m in 2009/10)
Net transfer fees were £184,268 (down from £1.1m in 2009/10)
The club has no bank debt"   ..They just had to put that in