Oh oh. Not looking good for dem Piggies....

Accounts out.
£20.8m loss
£37.6m loan due to be cleared within a year.
Wages 125% of turnover.
Not sure what the powers that be are going make of all that added to the previous 2 year’s. They must be way over fair play.

https://www.swfc.co.uk/siteassets/pd...t-may-2017.pdf

I actually think relegation is their only way out - can't sustain what they are doing, need to take the hit

Quote:

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Originally Posted by GrayBlade

Accounts out.
£20.8m loss
£37.6m loan due to be cleared within a year.
Wages 125% of turnover.
Not sure what the powers that be are going make of all that added to the previous 2 year’s. They must be way over fair play.

https://www.swfc.co.uk/siteassets/pd...t-may-2017.pdf

---

The loan is payable to the owner, so no cause for alarm.
But the rest of the figures .......................?

Quote:

---

Originally Posted by grayblade

accounts out.
£20.8m loss
£37.6m loan due to be cleared within a year.
Wages 125% of turnover.
Not sure what the powers that be are going make of all that added to the previous 2 year’s. They must be way over fair play.

https://www.swfc.co.uk/siteassets/pd...t-may-2017.pdf

---

lol XD

The report is for May 2017 so it could be worse this season. See a 'shareholder' loaned them nearly £20m in 16/17 season.

I like Mr McCabe. :)

Its cruel to mock the afflicted.

But in the case,great mocking XD

Don't forget, they can sell Hurst and that will cover all the debts.

Have they still got a £15m defence as well..?

It must be because of all the injuries.

yeah to be fair chansiri threw money at it hoping for promotion to prem but its failed miserably they will now be the ones looking at loans frees and cheap league 1 players from now on aint life sweet 😆