Southampton have announced a financial profit for the first time in six years.

Southampton have announced after tax profits of £33.4million for the year ending June 30, 2014, their first full-year profit since the club went into administration in 2009.

St Mary's Football Group Limited audited annual results showed a £33.4million profit on ordinary activities compared to a £7.1million loss in 2013.

Total revenue increased to £106million from £71.8million in 2013 while group wages, including players, increased from £41.4million in 2013 to £55.2million in 2014.