The famous black and white are again in the red, with Collingwood posting a second successive seven-figure financial loss because of tax purposes.
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Collingwood announced on Friday that they had recorded a $2,732,624 statutory loss, having lost $2,622,623 last year.
However the club did record an operating profit of of $1,656,235, and remains in a strong position with $32,578,418 of net assets.
The net loss was a result of the depreciation of the club's Holden Centre training base and Glasshouse entertainment complex.
Collingwood president Eddie McGuire lauded the club's consistent support in a year the club reached 75,985 members despite missing the finals for a fourth straight season.
"Our seasons didn't deliver the success we all hoped for but the Collingwood members certainly delivered for their club," McGuire said.
"Without them we could not stand on our own two feet, independent and proud of who we are. I know that in 2018, on and off the field or court, we will repay the faith."
The announcement comes a day after Collingwood announced the appointment of Swimming Australia boss Mark Anderson as the club's new chief executive. Anderson replaces Gary Pert, who announced his resignation in July after a decade at the helm. Businessman Peter Murphy - who headed a club-wide review this year - has been interim chief during the search for a permanent replacement.
It was an eventful year for the Pies, who fielded teams in the inaugural AFLW and Super Netball seasons. Coach and favourite son Nathan Buckley was re-signed for two more years at the completion of the home and away season following a year in which his job security was among football's hottest talking points.
Collingwood also last month appointed player manager Ned Guy as list manager as part of a football department reshuffle.
