Bombers Post $7 Million Operating Profit and Invests $7.1 Million in 2024

[ModAdmin]

Winnipeg Football Club Posts $7 Million Operating Profit and Invests $7.1 Million in Capital Expenditures

WINNIPEG, MB., April 9, 2025 –  The Winnipeg Football Club has released its 2024 Annual Report, announcing an operating profit of $7 million and a $7.1 million investment in capital improvements at Princess Auto Stadium.

"We are very pleased with our overall financial results for 2024," said President & CEO Wade Miller. "This success reflects the continued support of our season ticket members, corporate partners and fans. They play a fundamental role in the strength of our Club both on and off the field."

In 2021, the Club entered into a new agreement with the Government of Manitoba and Triple B Stadium Inc. that established a Capital Fund dedicated to long-term stadium improvements. In 2024, the Club allocated $7.6 million to the Capital Fund and $1 million to its Operating Reserve, for total allocations of $8.6 million.

Miller noted that the strong financial performance allowed the Club to proceed with significant upgrades. In 2024, $7.1 million was invested in projects including the replacement of the stadium turf and field wall, renovation of the Bomber Store, installation of a new Daktronics ribbon board, fan experience enhancements on the 200 level, banner replacements, and the addition of two new grab-and-go concession locations. Outside the stadium, the Club improved the Princess Auto Pregame Tailgate plaza area by adding a permanent stage, a new BBQ shack, and permanent power and lighting infrastructure for safety.

Looking ahead, the Club has plans to improve the HVAC system in football operations, create a new and modern player lounge, install additional contactless security screening devices, and create two new luxury suites.

"The Winnipeg Football Club has a strong history of financial stability," said Miller. "We are the financial stewards of Princess Auto Stadium, and will continue to invest in capital improvements to ensure it remains the best stadium in the CFL and delivers the best fan experience possible."

[blue_gold_84]

All hail the Canadian Mafia!

[Sir Blue and Gold]

Pretty spectacular. Notably, their corporate partnership revenue was basically on par with their ticket revenue. That's something you don't really see in the CFL usually unless it's a place that has really low gate revenues.

Quite impressive.

[Blueforlife]

Class of the CFL

Patience paid off, keeping the band together works

Hats off, what a year!

[blue_or_die]

Yeah, this is pretty astounding. Imagine if we had won the last three years what the merch sales would have been!

In any case, incredible ops performance for this club. Those are pretty mind-boggling #s considering breaking even is a win in this league.

Love how they're investing in stadium improvement, too. The player amenity enhancements will help to lure players to (re-)sign and the new corp suites will pay for themselves as they're revenue-generating.

Chef's kiss. Looking forward to shattering this record after we win the west final and grey cup at home in November.

[GOLDMEMBER]

Impressive to say the least. I look forward to fan fest Sunday and the new stadium upgrades.

[blueandgoldguy]

Great job!  I wonder where the 2 new suites would go?  Would they downsize one of the two Winnipeg Blue and Gold Club sections in the east and west upper deck to accommodate them?  Downsize the press box to squeeze in the additional suites?

I would think after these upgrades, the next upgrades would be replacing each big screen..maybe one per season in 2026 and 2027.  This year they will be going into their 13th year of operation.

[TecnoGenius]

I think $7M might be the most yet?  Amazing.

I wonder how much of that the league will claw back in "equalization payments"?  Or has that already been taken into account?  That's kind of funny that MB money is leaving to go to the poverty-stricken provinces of, oh, ON and AB!