Don’t fret over financial losses, Sunderland chairman Quinn tells fans

05 March 2010 12:44
Sunderland will soon announce losses for the past year but chairman Niall Quinn has assured fans not to be concerned. [LNB]New owner Ellis Short funded Steve Bruce's first major spending spree in the summer after converting almost £50million in loans into shares.[LNB] Progress: Quinn highlighted Bent as a reason for optimism [LNB]Quinn said: 'The accounts will show the word loss but that should really be interpreted as extra signings. We could have shown a profit but we wouldn't have Turner, Bent, Cattermole or Cana. We have a situation now where we have a great chance of going forward.'[LNB]Sunderland are trailing Athletic Bilbao midfielder Fran Yeste. [LNB] Real Madrid, Man United, Bayern, Barca and... Newcastle! Magpies still flying high in rich listPremier League reject plan for play-off to decide final Champions League spotSUNDERLAND AFC

Source: Daily_Mail