Mackems Suffer Massive Loss!

Sunderland have announced a net loss of £25.5million. Black Cats saw turnover increase slightly to £65.4million but operating expenses also went up, to £70.4million, resulting in a loss before player trading of £5million. And player investment figures of £26.2million, which included the signing of 10 players on permanent deals and three more arriving on loan, contributed to the overall loss, which was £2million more than for the previous year.