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Sport Media bullish despite losses

27th October 2009

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THE publisher of the Daily Sport today revealed multi-million pound losses after a turbulent year which has seen a sharp decline in sales.

But Manchester-based Sport Media is confident it has turned a corner following a restructure and the return of founder David Sullivan as honorary publisher.

In the 12 months to July 31, pre-tax losses narrowed to £7.7m from £18.2m. The underlying loss came in at £800,000 compared to a profit of £6m last time. However the group said it was hit with exception......for the full story register now for free or login below...


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