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Essendon Survives 'Dark Days' Of Scandal To Record A$5M Profit For '17

Australian Football League side Essendon "bounced back from the dark days of the supplements scandal" to record a A$5M ($3.8M) profit in '17, according to Peter Ryan of THE AGE. The Bombers generated A$65.2M ($49.2M) in revenue for the year as the club welcomed most of its "best players back from the season-long ban" they served in '16 when the Court of Arbitration for Sport "suspended them for their part in the ill-fated" supplements scandal in '12. The club set a new membership record of 67,768 and "received increased backing from commercial sponsors" as more than 1 million people attended Essendon games in '17. Essendon CEO Xavier Campbell said that the Bombers' plan "was on track." He said, "This has been a year of progress from both a football and financial perspective" (THE AGE, 11/20). In Melbourne, Michael Warner reported the Bombers lost A$9.8M in '16. The last of the club’s compensation settlements with past and present players "caught up in the long-running drugs saga" were finalized in September. Campbell said, "We will increase investment in our men’s and women’s football programs, community programs, Next Generation academy zones and our people to ensure we make further progress toward our long term strategic objectives." The club is also finalizing plans for an extension of its Tullamarine HQ. Campbell said, "As a club, we have never been more unified or as strong to rise to the challenge which awaits" (THE AGE, 11/20). 

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