Hull City chief Ehab Allam feels there's still a lot of work to do to secure their financial future.
From a total turnover of £84.48m, City were able to declare a pre-tax profit of £9.4m for a season that saw them return to the Premier League and reach the FA Cup final.
"If you look at our income beyond the Premier League money, I still don't think we're too clever," Allam told the Hull Daily Mail.
"We need more income, a differential to the bottom clubs. At the moment we don't have that.
"It might be £68m (in television revenue) we're getting but if every club gets that how do you become more competitive? Everything is relative.
"The other income we get, commercial activity, gate receipts, is probably less than most clubs in the division.
"The key is where our income is compared to our competitors. We can't be complacent because as we stand a lot of our rivals have an advantage over us."
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