This late season poor form meant that the bookmakers tipped the Bulls to be favourites for relegation in 2007–08. However, from November onwards the Bulls were rarely out of the top 4 in League Two, with their squad bolstered by a number of successful loan signings. In particular the signing of Gary Hooper, who scored 11 goals in 19 matches, proved the catalyst to an eventual third-place finish and automatic promotion. A run to the Fourth Round of the FA Cup equalled the club's best performance in that competition, losing 2–1 to eventual finalists Cardiff City in front of a capacity crowd at Edgar Street. The success of the season was underlined by the news, announced in March 2009, that the club had made a profit of over £400,000.