Originally Posted by
Red Zone
A few additional "highlights" from me
-They lost £11M last season on sales of £53M (mind blowing stuff)
-Anyone who thinks that sevco doing well in Europe is an idiot - they had £14M of income from Europe last season
-Their wages bill was £34M (compares with our bill of £9M)
-They have converted £34M of cash put into sevco from debt to equity (basically shareholders have in effect written off their chances of ever getting that money back - unless they sell sevco)
-They had a net spend of £6M on transfer fees last season
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