Saints chairman Eamonn McManus has responded with optimism following the publication of the club’s latest financial results.

The Super League leader have announced an earnings before interest and depreciation of £19,000 for the financial year ending October 2018.

McManus said: “This was a satisfactory financial performance considering we did not reach any finals last year.

“We would anticipate a materially improved underlying financial performance in 2019 and further improvements in 2020 and beyond, reflecting on the restructuring of the balance sheet in 2019 and the capitalisation of directors loans.

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“The club is very soundly positioned going forward in terms of both assets and profitability.”