Chairman Brown steps down

St Johnstone for sale after record £8m turnover

Profit: St Johnstone

Geoff Brown has put St Johnstone up for sale, but said he will return as chairman if the Scottish Premiership club has no buyer by next summer.

His son Steve on Thursday announced he would be standing down at the end of May after 11 years in the chair.

The announcements came after the club said that activity in the transfer market helped the Perth club post a record turnover of nearly £8 million.

There was an operating profit in excess of £1 million in the year to the end of May.

The sales of key players Ali McCann and Jason Kerr, who opted to pursue careers in England, were the main reasons for the strong financial performance, with participation in European football also a factor.

“In short, the year-end accounts show a record turnover, which whilst pleasing, is largely due to player sales and European football,” said Steve Brown.

“It was another eventful financial year from which many positives can be taken.

“Tribute 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.”

Brown took over as chairman from his father in November 2011 and during his tenure St Johnstone have enjoyed the most successful period in the club’s 138-year history.

An ever-present in Scottish football’s top-flight throughout that spell, they won the Scottish Cup in 2014 and also the cup double in 2021.

“As a life-long St Johnstone supporter, it’s been an honour to be a part of this great football club,” added Steve Brown.

“During my time on the board, and as chairman, I’ve always given 100 per cent and tried to do what was best for St Johnstone.

“But I feel the time is right to stand down as chairman and I will go on May 31st of next year. After 18 years on the board, 11 of which as chairman, it is the right time.”

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