Scottish Premiership side Aberdeen posted a record turnover and another profit but warned of "significant challenges" in raising funds to complete its move from Pittodrie to a new stadium, according to the BBC. The club's annual accounts "show turnover for last season was up" by £337,000 to £13.4M. An operating profit of £448,000 was "slightly down on the previous year." The club's wage bill increased by about £150,000 to £6.8M. But its wages to turnover ratio of 51% "compares favourably to many clubs." The report confirmed that planning application for a new stadium at Kingsford, seven miles west of the city center, "would be submitted before the end of the year." Aberdeen Chair Stewart Milne said, "We have now completed the opening round of public consultations and, whilst there are specific issues to be addressed in relation to traffic management, there is also widespread support across various supporters' groups for the Kingsford site. Subject to planning consent being obtained, the proposed site layout will feature much-needed training, community and youth academy facilities" (BBC, 11/5).