The Lethbridge Hurricanes told shareholders Tuesday night at the ENMAX Centre during the club's 2017 Annual General Meeting, that the organization is no longer in the negative.
|President Doug Paisley speaks to media following 2017 AGM|
The Hurricanes posted a profit during the 2016/17 WHL season of $731,710 and that had a lot to do with a long playoff run. That profit, coupled with a nice little profit the season before has helped turn around what looked to be a sinking ship. The team is now in a positive net financial position of more than $320,000.
A massive difference given just four seasons ago when the community-owned hockey club was bleeding money. In fact, during the AGM Tuesday night Paisley, GM Peter Anholt, and Business Manager Terry Huisman were all given rounds of applause for playing a big part in what has been a massive turnaround.
The Hurricanes averaged 3700 fans a game during the 2016/17 season. Already, the club has sold more than 2100 season tickets, well ahead of last season and we are still over a week away from puck drop.
The following is a media scrum with Doug Paisley following the AGM