Wharton plays down Iron loss

12 November 2009 09:29
The actual loss for the time period was £1,059,029, compared to a profit of £2,118,115 in the previous year.[LNB]But chairman Steve Wharton claims the figures are slightly misleading as the 2008 profit takes into account the sale of Martin Paterson to Burnley.[LNB]He said: "Whilst this may seem excessive, it has to be remembered the sale of Martin Paterson was brought into the previous year's accounts as the sale took place just days before the end of our accounting year."[LNB][LNB]

Source: Team_Talk