It’s an impressive turnaround in a short period of time for the Magpies after their disastrous 2017 season which saw them undertake a massive overhaul of the football department, part ways with CEO Gary Pert and leave coach Nathan Buckley under serious pressure to keep his job after missing the finals for a fourth straight year.

Buckley ultimately signed a two-year deal after surviving the forensic club review by the skin of his teeth.

“This is a strong result that will allow us to keep focusing on and investing in the things that are most important to Collingwood: high performance, our fans, our home and our role in the wider community,” Collingwood CEO Mark Anderson said.

“We do not exist to make profits, but our strong financial position enables us to deliver excellence on the field and court, to provide elite facilities and programs for our teams, to offer rich experiences to our members and to invest and have a positive impact in our community.

“Underpinning much of what Collingwood does and can do is the constant and strong support of our members. They turned out in big numbers in 2018, delivering for us once again.