St Johnstone have posted profits of over £1 million, primarily thanks to the sales of key players Ali McCann and Jason Kerr.
The duo left the club last summer for England and have provided the Perth side with a financial boost.
Their annual accounts up to the end of May this year report an operating profit of over £1million and a turnover of nearly £8m.
The news comes on the same day that chairman Steve Brown announced he was leaving the club after 11 years in the role.
In a statement released on the official club website, he said: "Tributes must be paid to Callum Davidson and his backroom staff, who held their nerve during a difficult and testing season to guide the club to Premiership safety.
“Special mention must be made of Liam Craig, who retired as a player having reached the fantastic milestone of holding the record appearances for the club with 453.
"The club was delighted to secure the services of Liam as football development manager.
“He should be very proud of his achievements as a player and a top pro.”
Brown also revealed details regarding off-the-field costs in recent times.
He highlighted the stadium as a regular drain on finances. Now well over 30 years old, it requires regular maintenance.
“An eye-watering six figure sum was spent on the maintenance and upkeep of the main and training pitches, as it is vital for the players that they have the best surfaces to play at the highest level," he continued.
“In short, the year-end accounts show a record turnover, which whilst pleasing, is largely due to player sales and European football.
“It was another eventful financial year from which many positives can be taken.”
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