Modo reports loss of 2.8 million kronor

Modo recorded a deficit of 2.8 million kronor for the season that ended with a semifinal exit in HockeyAllsvenskan. CEO Johan Widebro described the steps taken to control spending without major cuts.

The club released its financial results on Friday. Widebro told Örnsköldsviks Allehanda that the organization used careful adjustments rather than drastic reductions.

"Nu har vi haft osthyvel och Morakniv framme, för tio år sedan var det yxan," Widebro said. He added that staff reductions are not planned but future actions will depend on ticket revenue.

Modo had aimed for a quick return to the SHL after relegation but finished the campaign with a semifinal loss to BIK Karlskoga. The team remains in HockeyAllsvenskan for 2026/27.

Widebro noted that the men's squad still ranks among the top three in player budget within the league while the women's team sits in the top five in the SDHL.

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AIK beat Modo 6-2 in game four of their HockeyAllsvenskan quarterfinal at Hovet, reducing the series deficit to 3-1. The club announced before the match that points leader Scott Pooley had extended his contract until 2027/28. Young players shone for AIK amid Modo's penalty troubles.

Modo Hockey will remain in Hockeyallsvenskan beyond its initial one-season plan and has parted ways with seven players and one assistant coach as part of a club restart. The team finished fourth after a turbulent season. Officials announced the changes on the club's website Thursday.

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BIK Karlskoga rallied from a 0-1 deficit to beat Modo 3-1 in game two of their HockeyAllsvenskan playoff semifinal, tying the series at 1-1. Modo forward Oscar Pettersson suffered an injury and did not return. The turning point came in the second period when Modo took three unnecessary penalties, allowing BIK to score on the power play.

Modo Hockey clinched a spot in the SHL semifinals by shutting out AIK 4-0 in game six of their quarterfinal series. The victory came after Modo held a 3-2 series lead, with standout performances from Tyler Kelleher and Jakob Hellsten. AIK struggled to match Modo's intensity despite solid goaltending from Jonas Gunnarsson.

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Modo Hockey suffered a 2-0 shutout loss at home to BIK Karlskoga in Game 3 of their HockeyAllsvenskan semifinal on Easter Sunday. Points leader Tyler Kelleher recorded no points for the first time in this year's playoffs. The series now stands at 2-1 in favor of Karlskoga, with Modo needing a win to avoid falling further behind.

AIK Hockey reported a profit of 628,000 kronor for the past year, its first in several years. Västerås and Almtuna also posted improved financial results in their recent annual reports.

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Västerås IK presented an improved financial outlook at a Tuesday evening members' meeting, aiming to secure its elite license without needing dispensation. The club revised its loss forecast for the 2025/2026 season and launched a supporter campaign to bolster revenues.

 

 

 

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