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

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  1. #1
    Join Date
    Mar 2004
    Posts
    15,422

    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

  2. #2
    Join Date
    Nov 2009
    Posts
    3,229
    I actually think relegation is their only way out - can't sustain what they are doing, need to take the hit

  3. #3
    Join Date
    Aug 2009
    Posts
    2,734
    Quote Originally Posted by GrayBlade View Post
    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 .......................?

  4. #4
    Join Date
    Dec 2006
    Posts
    2,320
    Quote Originally Posted by grayblade View Post
    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

  5. #5
    Join Date
    May 2012
    Posts
    5,610
    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.

  6. #6
    Join Date
    Jan 2008
    Posts
    14,939
    Its cruel to mock the afflicted.

    But in the case,great mocking

  7. #7
    Join Date
    Aug 2009
    Posts
    3,511
    Don't forget, they can sell Hurst and that will cover all the debts.

  8. #8
    Join Date
    Nov 2013
    Posts
    4,430
    Have they still got a £15m defence as well..?

  9. #9
    Join Date
    Jan 2014
    Posts
    2,257
    It must be because of all the injuries.

  10. #10
    Join Date
    May 2010
    Posts
    4,239
    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 😆

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